Initial Capacity of New Joint Venture Project Would Be 4.8 Million Barrels of Storage With Future Potential Storage Capacity of Up to 6.6 Million Barrels HOUSTON--(BUSINESS WIRE)--Kinder Morgan, Inc. (NYSE: KMI) today announced a 50-50 joint venture with Keyera Corp. (TSX: KEY) to build a new crude oil storage terminal in Edmonton, Alberta. The joint venture owners have entered into long-term, firm take-or-pay agreements with strong, creditworthy customers to build 4.8 million barrels of [Read more]
Dejour Secures C$2MM Bridge Loan
James Dai Joins Board of Directors VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, today announced that it has closed the initial tranche of an industry-standard bridge loan commitment of up to C$ 2MM from a principal and director of the Company. These funds will provide a flexible [Read more]
Dejour Reports Q4 and Fiscal 2014 Results Drills 11 New Wells Including Mancos Test at Kokopelli
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and gas exploration and production company operating in North America’s Piceance Basin and Peace River Arch regions, today announced its financial results for the three and twelve month periods ended December 31, 2014. 2014 Key Financial and Operating Highlights are: Achieved a 2014 reserve replacement ratio of 3.8 times in Canada; Completed two [Read more]
IHS: Vast Majority of Crude Oil Transported via Keystone XL Pipeline Would Be Consumed in the United States
WASHINGTON--(BUSINESS WIRE)--Most, if not all, crude oil that would be transported via the proposed Keystone XL pipeline to the U.S. Gulf Coast would not be exported, and the vast majority of refined product (about 70 percent) derived from it would be consumed in the United States, according to a new report by IHS (NYSE: IHS), the leading source of critical information and insight. The report, which analyzes the outlook for oil sands and other heavy crudes in North America, also says that the [Read more]
Dejour Energy Reports YE 2014 Reserve Volumes and Values
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, is pleased to announce that today it has received the Year End 2014 Reserve Evaluations in accordance with Canada’s National Instrument 51-101* Standards of Disclosure. The current and forecast prices are based on YE 2014 spot and [Read more]
Dejour Successfully Completes Woodrush Oil Well Tie In
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, updates current development progress underway at the Woodrush/Hunter Project (“Woodrush”) in NE British Columbia. Dejour has successfully tied into production the B-100 Halfway oil step out well and the A-100 Gething gas well from [Read more]
Dejour B-100 Woodrush Oil Well Swab Tests at 400 BOPD
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, updates current development progress underway at the Woodrush/Hunter Project (“Woodrush”) in NE British Columbia. Dejour has successfully production tested the B-100 Halfway oil step out well at rates of up to 500 BOPD over a seven [Read more]
Dejour Ties New Gething Gas Discovery into Woodrush Production Unit
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, updates current development progress underway at the Woodrush/Hunter Project (“Woodrush”) in NE British Columbia. Dejour will initiate production from its new Gething discovery this coming week at rates in excess of 1 mmcf/d. [Read more]
Dejour’s 2nd Well Logs 17’ of Gething Gas Pay
2014 Woodrush Drill Program Moves to Completion VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, updates current development progress underway at the Woodrush/Hunter Project (“Woodrush”) in NE British Columbia. As per the previously announced 2014 development program, [Read more]
Dejour Discovery Nets 38’ Combined Pay at Woodrush
Encounters Both Halfway Oil Pool Extension and Gething Gas Pool VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, updates current development progress underway at the Woodrush/Hunter Project (“Woodrush”) in NE B.C. As per the previously announced 2014 development program, [Read more]
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