Tag Archives: Peace River Arch

Business, Finance, Occupation & Industry

Dejour Energy Accepts Devine Resignation

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By Business Wirevia The Motley Fool

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Dejour Energy Accepts Devine Resignation

Reconfigures Board for June AGM

VANCOUVER, British Columbia–(BUSINESS WIRE)– Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ), an independent oil and natural gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, today announced that it has accepted the resignation of Mr. Darren Devine, effective immediately. Dejour has certainly appreciated Darren’s dedicated contribution as an independent member of the Company’s Board of Directors since 2009, serving on multiple committees during his 4 year tenure. We wish Mr. Devine every success in his future endeavors.

About Dejour

Dejour Energy Inc. is an independent oil and natural gas exploration and production company operating projects in North America’s Piceance Basin and environs (approximately 129,000 net acres) and Peace River Arch regions (approximately 8,500 net acres). Dejour’s seasoned management team has consistently been among early identifiers of premium energy assets, repeatedly timing investments and transactions to realize their value to shareholders’ best advantage. Dejour maintains offices in Denver, USA, Calgary and Vancouver, Canada. The company is publicly traded on the New York Stock Exchange MKT (NYSE MKT: DEJ) and Toronto Stock Exchange (TSX: DEJ).

The TSX does not accept responsibility for the adequacy or accuracy of this news release.

Follow Dejour Energy‘s latest developments on:
Facebook http://facebook.com/dejourenergy and Twitter @dejourenergy

Dejour Energy Inc.
Robert L. Hodgkinson, 604-638-5050
Co-Chairman & CEO
Facsimile: 604-638-5051
investor@dejour.com
or
Craig Allison, 914-882-0960
Investor Relations – New York
callison@dejour.com

KEYWORDS:   North America  Canada

INDUSTRY KEYWORDS:

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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Dejour Q1-2013 Net Production Rate up 26%

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By Business Wirevia The Motley Fool

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Dejour Q1-2013 Net Production Rate up 26%

Drilling Program on Schedule at Kokopelli

DENVER–(BUSINESS WIRE)– Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ), an independent oil and natural gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, is pleased to announce production results for Q1 2013 and provide a field operations update at the Company’s 72% owned and operated Kokopelli project in NW Colorado.

Production:

Dejour’s net field production rose to 402 BOE/day average for Q1 2013, a quarter over quarter increase of 26%. 60% of this production was light crude. More encouraging, the March 2013 exit rate average net production to Dejour was 447 BOE/day, 63% oil. This further 11% net production growth coincides with much better realized product pricing and is expected to be maintained at least during Q2-2013. The March 2013 gross field production exit rate was 602 BOE/day.

Field Operations:

Surface casing has now been successfully set to ~1250′ on each of the Federal 6-7-15-27 and the Federal 6-7-14-27 wells. Once surface casing has been set on the third well, the Federal 6-7-13-27, drilling to total depths of ~8300′ will commence for each well sequentially. This operation should be accomplished within the 30 day window time frame previously announced, prior to the initiation of the completion program. The completion program will include the perforation and fracking of multiple zones of the Williams Fork on each of the 4 well bores currently and previously drilled by Dejour and initiating production (gas, condensate and NGL) to contractual gathering and sales systems.

Please refer to our Facebook page (link below) for additional media.

About Dejour

Dejour Energy Inc. is an independent oil and natural gas exploration and production company operating projects in North America’s Piceance Basin and environs (approximately 129,000 net acres) and Peace River Arch regions (approximately 8,500 net acres). Dejour’s seasoned management team has consistently been among early identifiers of premium energy assets, repeatedly timing investments and transactions to realize their value to shareholders’ best advantage. Dejour maintains offices in Denver, USA, Calgary and Vancouver, Canada. The …read more

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Dejour Energy Resumes Drilling at Kokopelli

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By Business Wirevia The Motley Fool

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Dejour Energy Resumes Drilling at Kokopelli

DENVER–(BUSINESS WIRE)– Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ), an independent oil and natural gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, is pleased to announce that it has successfully spud the Federal 6-7-15-27 directional well at its Kokopelli field located in Garfield County, Colorado, late last week.

This is the first of three new wells to be drilled sequentially during the current program. Drilling and setting of surface casing will continue next week for each of Federal 6-7-14-27 and Federal 6-7-13-27, prior to drilling out of surface casing, logging and casing of each well to a total depth of ~8300′. This operation should be accomplished within a 30 day window, prior to the initiation of the completion program.

The target production zone encompasses multiple horizons within the NGL rich Williams Fork (Mesa Verde) gas bearing formation.

Dejour operates this Kokopelli project with a 100% WI in these three wells, subject to a previously announced agreement with a Denver based drilling fund.

Please refer to our Facebook page (link below) for additional media.

About Dejour

Dejour Energy Inc. is an independent oil and natural gas exploration and production company operating projects in North America’s Piceance Basin and environs (approximately 129,000 net acres) and Peace River Arch regions (approximately 8,500 net acres). Dejour’s seasoned management team has consistently been among early identifiers of premium energy assets, repeatedly timing investments and transactions to realize their value to shareholders’ best advantage. Dejour maintains offices in Denver, USA, Calgary and Vancouver, Canada. The company is publicly traded on the New York Stock Exchange MKT (NYSE MKT: DEJ) and Toronto Stock Exchange (TSX: DEJ).

Statements Regarding Forward-Looking Information: This news release contains statements about oil and gas production and operating activities that may constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities legislation as they involve the implied assessment that the resources described can be profitably produced in the future, based on certain estimates and assumptions. Forward-looking statements are based on current expectations, estimates and projections that involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those anticipated by Dejour and described in the forward- looking statements. These risks, uncertainties and other factors include, but are not …read more
Source: FULL ARTICLE at DailyFinance