EXHIBIT 10(e)
AMENDMENT FOR INCREASED COMMITMENT
     THIS AMENDMENT FOR INCREASED COMMITMENT (this “Amendment”) is made as of
the 11th day of January, 2006, by and among Denbury Onshore, LLC, a Delaware
limited liability company (“Borrower”), JPMorgan Chase Bank, N.A., as
Administrative Agent under the Credit Agreement (as defined below)
(“Administrative Agent”), and the Banks party hereto (“Supplemental Banks”).
     Borrower, Administrative Agent and certain other Banks and Agents, as
described and defined in the Credit Agreement, are parties to that certain Fifth
Amended and Restated Credit Agreement dated as of September 1, 2004 (as amended,
supplemented, or restated, the “Credit Agreement”). All terms used herein and
not otherwise defined shall have the same meaning given to them in the Credit
Agreement.
     Pursuant to Section 15.10(f) of the Credit Agreement, Borrower has the
right to increase the Total Commitment by obtaining additional Commitments upon
satisfaction of certain conditions. This Amendment requires only the signature
of Borrower, Administrative Agent and Supplemental Banks so long as the Total
Commitment is not increased above the amount permitted by the Credit Agreement.
     Each Supplemental Bank is an existing Bank which is increasing its
Commitment.
     In consideration of the foregoing, each such Supplemental Bank, from and
after the date hereof, shall have a Commitment in the amount set forth on
Schedule 1 attached hereto.
     IN WITNESS WHEREOF, Administrative Agent, Borrower and Supplemental Banks
have executed this Amendment as of the date shown above.
(Remainder of Page Intentionally Left Blank)

 

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              BORROWER
 
            DENBURY ONSHORE, LLC, a Delaware
limited liability company
 
       
 
  By:   /s/ Phil Rykhoek
 
       
 
      Phil Rykhoek, Senior Vice President
and Chief Financial Officer

[Signature Page to Amendment For Increased Commitment]

 

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              ADMINISTRATIVE AGENT:
 
            JPMORGAN CHASE BANK, N.A., as Administrative
Agent
 
       
 
  By:   /s/ J. Scott Fowler
 
       
 
  Name:   J. Scott Fowler
 
  Title:   Vice President
 
            SUPPLEMENTAL BANKS:
 
            JPMORGAN CHASE BANK, N.A.
 
       
 
  By:   /s/ J. Scott Fowler
 
       
 
  Name:
Title:   J. Scott Fowler
Vice President

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            FORTIS CAPITAL CORP.
 
       
 
  By:   /s/ David Montgomery
 
       
 
  Name:
Title:   David Montgomery
Senior Vice President
 
       
 
  By:   /s/ Darrell Holley
 
       
 
  Name:   Darrell Holley
 
  Title:   Managing Director

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            CALYON NEW YORK BRANCH
 
       
 
  By:   signature illegible
 
       
 
  Name:   signature illegible
 
  Title:   signature illegible
 
       
 
  By:   /s/ Michael Willis
 
       
 
  Name:
Title:   Michael Willis
Vice President

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            COMERICA BANK
 
       
 
  By:   /s/ Peter L. Sefzik
 
       
 
  Name:
Title:   Peter L. Sefzik
Vice President

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            UNION BANK OF CALIFORNIA, N.A.
 
       
 
  By:   /s/ Allison Fuqua
 
       
 
  Name:
Title:   Allison Fuqua
Investment Banking Officer
 
       
 
  By:   /s/ Kimberly Coil
 
       
 
  Name:
Title:   Kimberly Coil
Vice President

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            WELLS FARGO BANK, N.A.
 
       
 
  By:   /s/ Reed V. Thompson
 
       
 
  Name:
Title:   Reed V. Thompson
Vice President

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            BANK OF AMERICA, N.A.
 
       
 
  By:   /s/ Scott F. Davis
 
       
 
  Name:
Title:   Scott Davis
Vice President

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            BANK OF SCOTLAND
 
       
 
  By:   /s/ Karen Welch
 
       
 
  Name:
Title:   Karen Welch
Assistant Vice President

[Signature Page to Amendment For Increased Commitment]

 

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              SUPPLEMENTAL BANKS:
 
            COMPASS BANK
 
       
 
  By:   /s/ Dorothy Marchand
 
       
 
  Name:
Title:   Dorothy Marchand
Senior Vice President

[Signature Page to Amendment For Increased Commitment]

 

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SCHEDULE 1
Commitments

                      Total         Banks   Commitment Amount     Commitment
Percentage  
JPMorgan Chase Bank, N.A.
  $ 18,000,000.00       12.00 %
Fortis Capital Corp.
  $ 18,000,000.00       12.00 %
Calyon New York Branch
  $ 18,000,000.00       12.00 %
Comerica Bank
  $ 18,000,000.00       12.00 %
Union Bank of California, N.A.
  $ 18,000,000.00       12.00 %
Wells Fargo Bank, N.A.
  $ 15,000,000.00       10.00 %
Bank of America, N.A.
  $ 15,000,000.00       10.00 %
Bank of Scotland
  $ 15,000,000.00       10.00 %
Compass Bank
  $ 15,000,000.00       10.00 %
 
           
Totals:
  $ 150,000,000.00       100.00 %
 
           

Schedule 1 - 1