Dejour Energy (DEJ +16.2%) executes a sale and farmout agreement covering ~7,450 acres of...


Dejour Energy (DEJ +16.2%) executes a sale and farmout agreement covering ~7,450 acres of Piceance Basin lands to an unnamed "large NYSE-listed E&P with significant operations" in the area for an undisclosed cash amount and a commitment to carry DEJ through the drilling and completion of three earning wells. DEJ will retain a 20% working interest in the project.

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