Exploration & Production | Quarterly / Earnings Reports
Dejour Details Progress at Niobrara, Mancos Prospects
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Dejour Energy Inc. has reported its financial results for the three months ended March 31, 2013.
President's MessageHarrison Blacker, President of Dejour (USA) commented: "Dejour is pleased to report the results of operations to shareholders for the initial three months of 2013.
During the quarter we: "Commenced drilling the first of three new wells at our Kokopelli field in the Piceance Basin of Colorado. Under the terms of the agreement with our financing partner, the Company will earn a “before payout” working interest of 10%-14% and a working interest after the financing partner recovers 125% of his capital cost of 28% to 39% in all wells. As at the date of this Quarterly Report the three wells have been drilled and have encountered the Williams Fork producing formation as expected…- ✓ Full news archive — U.S., Canada & international coverage
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