EXHIBIT 23.1

                            DeGoyler and MacNaughton
                       4925 Greenville Avenue, Suite 400
                               One Energy Square
                              Dallas, Texas 75206


                                 August 4, 2003


Denbury Resources Inc.
5100 Tennyson Parkway, Ste. 3000
Plano, Texas  75024

Ladies and Gentlemen:

We consent to the use of the name DeGoyler and  MacNaughton in the  Registration
Statement on S-3 to be filed with the Securities  and Exchange  Commission on or
about August 5, 2003. We further consent to references to our "Appraisal Report
as of December 31, 2002 on Certain  Properties  owned by Denbury  Resources Inc.
SEC Case," "Appraisal Report as of December 31, 2001 on Certain Properties owned
by Denbury  Resources Inc. SEC Case," and  "Appraisal  Report as of December 31,
2000 on Certain  Properties  owned by Denbury  Resources  Inc.  SEC Case,"  (our
Reports),  information  taken from our Reports,  and  references to DeGoyler and
MacNaughton  in the Denbury  Resources Inc. Form 10-K for the fiscal year ending
December 31, 2002, which is incorporated by reference in the Form S-3.


                                                   Very truly yours,



                                                   /s/ DeGolyer and MacNaughton

                                                   DeGOLYER and MacNAUGHTON