Independent E&P Dejour Energy (DEJ) says it's on schedule to begin a new drilling program at...

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

Independent E&P Dejour Energy (DEJ) says it's on schedule to begin a new drilling program at its 72% owned and operated Kokopelli project in Colorado. The company has inked an agreement with Halliburton (HAL) to complete the wells once the program ends. Dejour's COO said these developments show the company is "beginning the process of converting the Kokopelli asset from a proven undeveloped and probable reserve to a proven developed producing reserve that [will only] grow with time."