Denbury Resources Inc. has announced the appointment of John Dielwart as its chairman of the board. Mr. Dielwart will succeed Wieland F. Wettstein, a founding stockholder of the company, who has served as Chairman of the Board since 2008 and a member of the Board since the company's inception in 1990. This change is part of the company's succession planning process. Mr. Wettstein will be standing for re-election to the Board at the upcoming Annual Meeting to further facilitate a smooth and orderly transition of the Chairmanship. Mr. Dielwart is currently the Vice-Chairman of ARC Financial Corp., a position he assumed after his retirement from ARC. Mr. Dielwart is also a member of the board of directors of Tesco Corporation and TransAlta Corporation.