Dejour Energy to own 99% of Woodrush production

|About: Dejour Energy Inc. (DXI)|By:, SA News Editor

Dejour Energy (DEJ) +12.3% AH on news it agrees to acquire a further 24% working Interest in its legacy Woodrush oil and gas production project for ~$1.9M; when completed, DEJ will own a 99% working interest in the properties.

The acquired interest includes production from three oil wells, six gas wells, sour gas processing facilities and 8K net acres prospective for additional reserve growth and productivity.