Seeking Alpha

Dejour Energy +5.5% as Woodrush net production rises 60%

  • Dejour Energy (DEJ +5.5%) says gross production at its Woodrush oil project in British Columbia has reached 540 boe/day (380 net), a 60% increase vs. gross daily production of 316 boe in Q4 2013.
  • Closed the purchase of natural gas producing assets and related processing facilities adjacent to Woodrush, including a 54% working interest in a currently producing Halfway formation well and a 74% working interest in three shut-in Halfway natural gas wells.
  • DEJ has a 70% ownership stake in the Woodrush project.
Comments (1)
  • kadison
    , contributor
    Comments (157) | Send Message
     
    Great move by the company.
    16 Apr, 01:40 PM Reply Like
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