Dejour has received an updated valuation
report from Khandaker Partners & Co., a research firm based in
NYC.
This report takes a 12-18 month
outlook of Dejour. Based on only 15% of the potential target
translating into 2P (proven and probable) reserves, Khandaker estimates
Dejour to have the potential to be valued in the US$10.00 range
within the next 12-18 months. The evaluation does not consider at
this time the potential of our current $47
million investment in Titan, the future value of a discovery in
the Athabasca, or the value/revenue multiple that should accrete
to Dejour from the Peace River Arch drilling projects currently
underway.
To receive a copy of this report, please
call Investor Relations at 1-866-888-8230 or e-mail investor@dejour.com.
Disclaimer: This document includes certain statements that may be
deemed to be "forward-looking statements" within the meaning of the
US Private Securities Litigation Reform Act of 1995. All statements in this
release, other than statements of historical facts that address future
production, reserve potential, exploration drilling, exploitation activities
and events or developments that the Company expects, are forward-looking
statements. Although Dejour believes the expectations expressed in such
forward-looking statements are based on reasonable assumptions, such statements
are not guarantees of future performance and actual results or developments may
differ materially from those in the forward-looking statements. Factors that
could cause actual results to differ materially from those in forward-looking
statements include oil and gas prices, well production performance,
exploitation and exploration successes, continued availability of capital and
financing, and general economic, market or business conditions.
Office of Investor Relations
Dejour Enterprises Ltd.
(Amex:DEJ, TSX-V:DEJ)
1100 - 808 West Hastings St.
Vancouver, BC V6C 2X4
Phone: 604-638-5050
Toll Free: 1-866-888-8230
Fax: 604-638-5051
Dejour Enterprises Ltd. is the recipient of
the 2007 TSX Venture 50,
which recognizes the top 10 companies in
each of five major industry sectors,
based on a ranking formula that includes
revenue, return on investment, market
cap growth and trading volume.
investor@dejour.com
www.dejour.com
_________________________________________________________________________________________________
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