EXHIBIT 15


Denbury Resources Inc.:

We have made a review, in accordance with standards  established by the American
Institute  of  Certified  Public   Accountants,   of  the  unaudited   condensed
consolidated  interim  financial  information  of Denbury  Resources  Inc.  (the
"Company"),  for the three and six month periods ended June 30, 2000 and 1999 as
indicated  in our report  dated  August 2, 2000;  because we did not  perform an
audit, we expressed no opinion on that information.

We are aware  that our  report  referred  to  above,  which is  included  in the
Company's  Quarterly Report on Form 10-Q for the quarter ended June 30, 2000, is
incorporated by reference in Registration  Statements Nos. 333-1006,  333-27995,
333-55999,  333-70485, 333-39172 and 333-39218 of Denbury Resources Inc. on Form
S-8.

We also are aware that the aforementioned report,  pursuant to Rule 436(c) under
the  Securities  Act of  1933,  is not  considered  a part  of the  Registration
Statement prepared or certified by an accountant or report prepared or certified
by an accountant within the meaning of Sections 7 and 11 of that Act.


/s/Deloitte & Touche LLP

DELOITTE & TOUCHE LLP

Dallas, Texas
August 8, 2000

                                      20