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]
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]
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