Dejour Energy - Public Comment Commences at Gibson Gulch
July 29, 2011
Dear Dejour Stakeholders:
We are pleased to inform you that we currently are in the public comment phase for Dejour's Master Development Plan at Gibson Gulch --a copy of which can be downloaded at http://dejour.com/docs/DEJaction.pdf.
The Company has moved forward aggressively to begin the process of bringing this low risk development project into production. Dejour has a 72% working interest in this 2,200 acre project which is ideally situated for exploitation of the prolific Williams Fork Formation and in the future the underlying Mancos shale. The Williams Companies, Inc. and Bill Barrett Corporation are developing and producing on adjacent acreage to the east, west and north of the Company�s acreage.
Dejour USA has been working closely with important constituents including local citizenry and government, the Bureau of Land Management and the Colorado Division of Wildlife to develop a mutually acceptable development plan for this environmentally sensitive area. After all permits are received, current plans call for the project to commence in the fourth quarter of 2011 with production expected to begin in early 2012. Our initial focus will be the development of a 660 acre portion of the Gibson Gulch leases (as indicated in the Master Development Plan) with 10-acre spacing from a few multi-well drilling pads to optimally exploit the gas reserves in the subsurface.
Thank you for your continued support.
Sincerely,
Investor Relations
Craig Allison Investor Relations - New York
Corporate Headquarters: Dejour Energy Inc. (NYSE-Amex:DEJ, TSX:DEJ) 598-999 Canada Place Vancouver, BC V6C 3E1 Mobile: 914-882-0960
callison@dejour.com
www.dejour.com
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Dejour Energy Ltd.
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EXPLORATION STAGE |
CODE : DEJ.V |
ISIN : CA24486R1038 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Dejour Energy is a and oil exploration company based in Canada. Dejour Energy holds various exploration projects in Canada. Its main asset in production is WOODRUSH in Canada and its main exploration properties are R-SEVEN, SAND HILL, PEACE RIVER ARCH, FLEMING and GARTNER LAKE in Canada. Dejour Energy is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 17.9 millions as of today (US$ 13.7 millions, € 11.0 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.76, and its lowest recent point on October 10, 2008 at CA$ 0.33. Dejour Energy has 36 509 953 shares outstanding. |