5 1 0001.htm Form 5
Form 5
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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[ ] Form 3 Holdings Reported
[ ] Form 4 Transactions Reported
1. Name and Address of Reporting Person*
Perrard, Lynda F.		 2. Issuer Name and Ticker or Trading Symbol
Denbury Resources Inc,   (DNR)

6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
___ Director                    ___ 10% Owner
_X_ Officer (give             ___ Other (specify
                  title below)                     below)

V.P. Land
(Last)             (First)            (Middle)

5100 Tennyson Parkway, Suite 3000 		3. I.R.S. Identification Number of Reporting Person, if an entity
(voluntary)

4. Statement for Month/Year
12/2000
(Street)

Plano, TX 75024		 5. If Amendment, Date of Original (Month/Year)
 		7. Individual or Joint/Group Filing
(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)             (State)             (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security
(Instr. 3) 		2. Transaction Date
(Month/Day/Year) 		3. Transaction
Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year
(Instr. 3 and 4) 		6. Owner-
ship Form:
Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A)
or
(D)		 Price
Common Stock 03/31/2000 A   622 A 3.84   D  
Common Stock 06/30/2000 A   411 A 5.82   D  
Common Stock 09/30/2000 A   330 A 7.23   D  
Common Stock 12/31/2000 A   257 A 9.28 6,311 D  
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 (Over)
SEC 2270 (3-99)
FORM 5 (continued)
 Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities) 		 
1.Title of Derivative Security
(Instr.3)		 2. Conversion or
Exercise
Price of
Derivative
Security		 3. Transaction
Date
(Month/
Day/
Year)		 4. Transaction Code
(Instr. 8)		 5. Number of Derivative
Securities
Acquired (A) or Disposed of(D)
(Instr. 3, 4 and 5)
 6. Date Exercisable
and Expiration Date
(Month/Day/Year)		 7. Title and Amount of
Underlying Securities
(Instr. 3 and 4)		 8. Price of
Derivative
Security
(Instr. 5)		 9.Number of
Derivative
Securities
Beneficially
Owned at
End of
Year
(Instr. 4)		 10. Ownership
Form of
Derivative
Security:
Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of
Indirect
Beneficial
Ownership
(Instr. 4)
Code V (A) (D) Date
Exercisable		 Expiration
Date		 Title Amount
or
Number
of Shares
Stock Option 3.98 01/03/2000 A   10,200   01/03/2004 01/03/2010 Common Stock 10,200 3.98 10,200 D  
Stock Option 4.24             (1) 01/04/2009 Common Stock 33,800   33,800 D  
Stock Option 13.38             (2) 02/24/2007 Common Stock 9,400   9,400 D  
Stock Option 13.38           02/24/2001 02/24/2007 Common Stock 9,400   9,400 D  
Stock Option 18.33           01/02/2002 01/02/2008 Common Stock 7,800   7,800 D  
Stock Option 7.00             (2) 02/22/2006 Common Stock 7,500   7,500 D  
Explanation of Responses:

(1) 25% are exercisable on January 4, 2000, 25% are exercisable on January 4, 2001, 25% are exercisable on January 4, 2002, and the balance of 25% exercisable on January 4, 2003. (2) All options are exercisable as of the date hereof.

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Lynda F. Perrard
**Signature of Reporting Person 		01/26/2001 
Date
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