fwp
 

     
 
  Filed Pursuant to Rule 433
 
  March 29, 2007
 
  Registration Statement
 
  Nos. 333-141637 and 333-141675
                 
Issuer:       Denbury Resources Inc.
Security Description:       Senior Subordinated Notes — Add-on
Distribution:       SEC Registered
Face:       $150,000,000 
Gross Proceeds:       $150,750,000 
Net Proceeds to Issuer (before expenses):       $149,242,500 
Coupon:       7.500% 
Maturity:       December 15, 2015
Offering Price (plus accrued interest from December 15, 2006)       100.5% +2.25pts of accrued interest
Yield to Maturity:       7.401% 
Spread to Treasury:       +278bps 
Benchmark:       UST 4% due 2/15/2015
Ratings:       B1/B+
Interest Pay Dates:       June 15 and December 15
Beginning:       June 15, 2007
Equity Clawback:       Up to 35% at 107.5%
Until:       December 15, 2008
Optional redemption:
                
 
      On or after:   Price:
         
 
      December 15, 2010     103.750 %
 
      December 15, 2011     102.500 %
 
      December 15, 2012     101.250 %
 
      December 15, 2013 and thereafter     100.000 %
 
                
Change of control:       Put @ 101% of principal plus accrued interest
Trade Date:       March 29, 2007
Settlement Date:   (T+3)   April 3, 2007
CUSIP:       24823UAF5
ISIN:       US24823UAF57
Denominations:       2,000x1,000 
Bookrunner:       JPMorgan
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling collect 1-212-270-3994.