Exploration & Production | Operational Updates | Top Story
Dejour's Piceance Production Up 26%
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Dejour Energy Inc. has reported production results for Q1 2013 and provide a field operations update at the Company’s 72% owned and operated Kokopelli project in NW Colorado.
ProductionDejour’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 OperationsSurface 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…
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