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Denbury Resources Inc | Deutsche Bank Leveraged Finance Conference | Phil Rykhoek | Page 41 of 11 | May 21, 2013

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41 41 Most Recent Operated Bakken Well Activity Completing Area Formation Frac Date 30 - Day Avg. Unit Acreage Frac Stages W. I. Wolff 13 - 24 NEH Cherry Bakken Aug 2011 N/A 1,280 24 - 30 63% Sorenson 34 - 32 NWH Cherry Bakken Aug 2011 N/A 1,280 24 - 30 52% Swenson 41 - 33 SEH Charlson Bakken Aug 2011 N/A 640 12 - 18 44% Drilling Area Formation Spud Date Frac Date Acreage Frac Stages W. I. McCoy 44 - 32 NWH Cherry Bakken 6/26/11 August 2011 1,280 24 - 30 85% Rolfson 21 - 16 NEH Cherry Bakken 6/17/11 August 2011 1,280 24 - 30 69% Rolfson 11 - 16 NEH Cherry Bakken 6/17/11 August 2011 1,280 24 - 30 66% Porcupine 14 - 35H (1) Bear Creek Sanish 12/2009 September 2011 640 Re - frac 75% Hanson 11 - 12H (1) Murphy Creek Bakken 2/2010 September 2011 1,280 Re - frac 39% Franchuck 34 - 19SWH (1) Murphy Creek Bakken 8/2010 September 2011 1,280 Re - frac 91% Charlson 34 - 12 Charlson Bakken 7/11/11 September 2011 640 12 - 18 58% Loomer 24 - 36NEH Cherry Bakken 7/11/11 October 2011 1,280 24 - 30 49% Loomer 24 - 34SEH Cherry Bakken 7/15/11 October 2011 1,280 24 - 30 59% Sorenson 31 - 28SWH Cherry Bakken 8/5/11 November 2011 1,280 24 - 30 68% (1) This well is being re - .