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]
Dejour Moves Drill Rig to Woodrush
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. The Company has contracted Ensign Drilling Partnership to drill two wells at its Woodrush production complex. Rig arrival is [Read more]
Devon Energy President and CEO, John Richels, to Retire July 31, 2015; Dave Hager, Devon COO, to Succeed Richels Effective Aug. 1, 2015
OKLAHOMA CITY--(BUSINESS WIRE)--John Richels (63), president and CEO of Devon Energy Corporation (NYSE: DVN), has announced his retirement effective July 31, 2015. The board of directors intends to elect Dave Hager (58), currently Devon’s chief operating officer, to succeed Richels as president and CEO. The board of directors has elected Richels vice chairman of the board, effective immediately, with the intent for Richels to replace Larry Nichols (72) as chairman upon Nichols’ retirement from [Read more]
Dejour Expands Woodrush Project
Company to Spud Two Wells in December 2014 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. Approval is expected to be forthcoming from the Oil and Gas Commission in the [Read more]
Octagon 88 Resources Provides November 2014 Executive Summary Including Development Plans And Feasibility Studies
ZUG, Switzerland--(BUSINESS WIRE)--Octagon 88 Resources Inc., (OTCBB:OCTX) is pleased to present the November 2014 Executive Summary, the summary is aimed to summarize completed drilling programs and future targets including feasibility studies to support Management’s near and long term goals. Summary of 2013/2014 Drilling Programs to date • March 2013 - Bluesky 8-12 91-22-W5M – Drill Vertical and Core – completed • March 2013 – Elkton 11-4 92 23 W5M – Drill Vertical and Core – [Read more]
Dejour Reports Increased Nine Month 2014 Production and Revenue with Positive Cash Flow
Kokopelli Drilling Campaign Continues as Planned 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 nine month periods ended September 30, 2014. Other Key Financial and Operating Highlights are: Increased production by 7% [Read more]
Chevron Announces Sale and Joint Venture Partnership for Duvernay Shale Assets in Canada With KUFPEC
SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) today announced that its indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached agreement to sell a 30 percent interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company’s wholly-owned subsidiary, KUFPEC Canada Inc., for $1.5 billion. The total purchase price includes cash paid at closing as well as a carry of a portion of Chevron Canada’s share of the joint venture’s future capital costs. [Read more]
Dejour’s Woodrush Project Drilling Update
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 Project (“Woodrush”) in NE BC. The Company has finalized its 2014 development plan targeting both the Halfway oil and Gething gas pools at Woodrush. Upon approval of [Read more]
Dejour’s Kokopelli Project Drilling Update
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 Kokopelli Project (“Kokopelli”). The ’conductor’ rig has completed the setting of 20” casing for eight new production wells and one water disposal well on Pads 21A and 21B at [Read more]