Denbury Makes Board of Directors Announcement

Exhibit 99.1

DENBURY RESOURCES INC.

P R E S S  R E L E A S E

Denbury Makes Board of Directors Announcement

News Release

Released at 7:30 a.m. CDT

     DALLAS — December 13, 2007 — Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) announced today the appointment of Michael B. Decker, of Dallas, Texas, and Michael L. Beatty of Denver, Colorado, to its Board of Directors (“Board”) and the resignation of current director Donald Wolf, of Denver, Colorado.

     Mr. Decker, an investment professional, is a principal with Wingate Partners, a private equity investment company. Prior to joining Wingate Partners, Mr. Decker held the post of Chief Operating Officer of the Trammell Crow Company, where he led the restructuring of the largest real estate firm in the United States. He previously was President of Huffco Group, Inc., an energy exploration company. Mr. Decker serves as a board member for S&N Communications, has served as a consultant for the Boston Consulting Group and has worked as an Investment Officer for the World Bank. Mr. Decker holds an MBA from