- Dejour Energy (DEJ) says combined natural gas production at the four new Williams Fork wells in its flagship Kokopelli project average 6.8M cf/day.
- While DEJ maintains a 71.5% interest in the project, its share in the net revenue stream from the initial wells is ~25% before payout and ~40% after 150% of payout based on an updated financial deal with partner WPX Energy (WPX).
- DEJ +21.4% premarket.
Dejour Energy says Kokopelli tests yield 6.8M cf/day
Aug 28 2013, 08:44 ET