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Dejour Energy (DEJ)

  • Jul. 30, 2014, 2:37 PM
    • Dejour Energy (DEJ +10.2%) surges to a new 52-week high before pulling back a bit, after announcing late yesterday that its Roan Creek project in Colorado likely contains ~67.5B cu. ft. of natural gas.
    • DEJ released the recoverable resource estimate for its 1,960-acre project in Colorado's Piceance Basin, and said it is now filing applications to begin drilling during its 2015-16 development campaign.
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  • Jun. 19, 2014, 7:32 PM
    • 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.
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  • May 13, 2014, 12:25 PM
    • Dejour Energy (DEJ +3.2%) shares are higher after the company reports a 44% Y/Y increase in daily production in Q1, a 37% increase in gross revenues, and a 283% increase in operating cash flow.
    • Operating netbacks for oil and gas operations of $55.53/boe and $13.85/boe respectively, 60% and 575% increases over comparable operating netbacks in the prior-year quarter.
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  • Apr. 16, 2014, 11:42 AM
    • 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.
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  • Mar. 27, 2014, 8:53 AM
    • Dejour Energy (DEJ) +14.3% premarket as it purchases natural gas producing assets and related processing facilities adjacent to its Woodrush oil field, expanding the company's operations in British Columbia.
    • The assets include a 54% interest in a Halfway formation well which is producing 75 boe/day, and a 74% stake in two shut-in natural gas wells which will be brought online within 30 days and could deliver up to 60 boe/day.
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  • Dec. 16, 2013, 6:10 PM
    • Dejour Energy (DEJ) +18.3% AH on news it signed a letter of intent with a private Singapore company to jointly develop oil and gas properties in Colorado.
    • The company, identified only as Seco, will initially invest up to $27.5M in 2014 and 2015 in exchange for an 85% stake in DEJ’s interests in its Colorado leaseholds, primarily the Kokopelli prospect.
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  • Aug. 28, 2013, 8:44 AM
    • 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.
  • Aug. 1, 2013, 7:27 PM
    • Dejour Energy (DEJ) +15.7% AH on news it has started production of natural gas at its flagship Kokopelli project in Colorado.
    • Halliburton (HAL) has completed work under a turnkey contract arrangement, and all four Kokopelli wells will be placed into production by the end of next week.
  • Dec. 7, 2012, 12:51 PM
    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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  • Sep. 25, 2012, 11:53 AM
    Dejour Energy (DEJ +13.9%) says the first well at its 72%-owned Kokopelli project in the Piceance Basin, Colo., drilled 8,440 ft. encountered formation quality and gas column thickness; the 2500 ft. of gross gas column, depth and composition of formations encountered were as expected. (PR)
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Company Description
Dejour Energy Inc is in the business of acquiring, exploring and developing energy projects with a focus on oil and gas exploration in Canada and the United States.