DENBURY RESOURCES, INC. NAMED BY WEISS & LURIE IN CLASS ACTION

NEW YORK, May 18, 2010/Business Wire/ -- A class action lawsuit against Denbury Resources, Inc. and certain individuals associated with the Company was commenced on behalf of all former Encore Acquisition Company shareholders whose shares were acquired by Denbury pursuant to a Joint Proxy Statement/Prospectus dated February 5, 2010.

The complaint charges that Denbury miscalculated the shares payable to Encore shareholders, violating the Merger Agreement, the Securities Act of 1933 and the Securities Exchange Act of 1934. The case is in the United States District Court for the Eastern District of New York, civil action number 10-cv-1917, before the Honorable David G. Trager.

If you are a former Encore shareholder who received Denbury stock pursuant to the Proxy Statement, you may move the court no later than July 19, 2010, to serve as a lead plaintiff of the class. In order to serve as a lead plaintiff, you must meet certain legal requirements. You do not need to seek appointment as a lead plaintiff in order to share in any recovery.

If you want to obtain a copy of the complaint or want more information about Weiss & Lurie or this action, or if you want to obtain a Certification form to serve as a lead plaintiff, please visit www.weisslurie.com. If you wish to receive an investor package or if you wish to discuss this action, have any questions concerning this notice or your rights or interests with respect to this matter, or if you have any information you wish to provide to us, please contact:

Joseph H. Weiss or Mark D. Smilow, (888) 593-4771 or (212) 682-3025 or via Internet electronic mail at infony@weisslurie.com or by writing Weiss & Lurie, The French Building, 551 Fifth Avenue, Suite 1600, New York City 10176.