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Dejour Advances Rangely, Kokopelli Piceance Projects

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Dejour Advances Rangely, Kokopelli Piceance Projects

Dejour Energy Inc. has reported an update on field operations at its Piceance properties in Western Colorado.

Piceance Basin, NW Colorado

At the Company’s South Rangely project, the discovery well is on line producing at the contract sales rate of 250 MCF/d. The Company plans include a review of expansion alternatives with a view to initiate the drilling of an Hz production well by mid- 2014. Dejour maintains a 70% interest in the balance of this unit.

At the Company’s 72% owned Kokopelli project, preparations are underway to drill and case three additional wells and complete four wells into pipe. All necessary permits have been issued for this phase of development. The drill rig has been contracted to move in on the 18th of March, with an anticipated initial well spud date of the 22nd of…

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