- Report of Foreign Issuer (6-K)
March 17 2010 - 4:18PM
Edgar (US Regulatory)
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 AND 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the
Period: March 17,
2010 File
No.
001-33495
DEJOUR ENTERPRISES
LTD.
(Name of
Registrant)
598-999 Canada Place,
Vancouver, British Columbia, Canada, V6C 3E1
(Address
of principal executive offices)
Indicate
by check mark whether the Registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Indicate
by check mark whether the Registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Dejour Records Two
New Discoveries at Woodrush
3D
Seismic Confirmed, Additional
Development Planned
Calgary Alberta, March 17,
2010
-- Dejour Enterprises Ltd. (NYSE-Amex: DEJ / TSX: DEJ) today
announces new oil and gas discoveries at its 75% owned Woodrush
project in the Peace River Arch, NE British Columbia. Two wells were
drilled based on the preliminary interpretation of a new 3D seismic program
acquired and processed during this winter’s drilling season.
The first
discovery (A-A91-H/94-H-02) was drilled to 4000', encountered 8 meters of good
quality (14% porosity) Gething Sand. The well was perforated on March
12, and flowed for four hours at rates as high as 950 thousand cubic feet per
day during clean up operations. Gathering lines to the production
facility are being laid with production to commence prior to month end at a
production rate anticipated by management to be in excess of 1 million cubic
feet gas per day. Management believes that this new gas discovery will be
subject to a net 2% royalty under the new BC Government royalty incentive
program for the first 12 months of production.
The
second well (A-1-I/94-H-02) was also drilled to 4000' over a separate feature
north of Dejour’s Halfway discovery in well (D-91-H). This well encountered five
meters of highly porous (21-24%) sand in the Halfway section with a log
calculated oil saturation of 80%. Logs on this well also indicated
the presence of a productive Gething section above the Halfway
sand.
Casing is
now being set and the well is anticipated to be completed and tested in the
Halfway later this week. Results of the well test will be
forthcoming.
“This
concludes the winter drilling program at Woodrush. We are very
pleased with the results of the first two wells drilled to targets identified
with our new seismic. The seismic indicates at least two more
drilling targets on Dejour’s leasehold that we were unable to access prior to
break-up. We will continue to refine our interpretation of the
seismic and expect to be back in the field drilling additional wells later this
year,” stated Dejour’s Manager of Canadian Operations Steve Crane, B.Sc.
Petroleum Eng., MBA.
About
Dejour
Dejour
Enterprises Ltd. is a high growth crude oil and natural gas company
operating multiple exploration and production projects in North
America’s Piceance / Uinta Basin (97,000 net acres) and Peace
River Arch regions (18,000 net acres). Dejour’s veteran
management team has consistently been among early identifiers of premium energy
assets, repeatedly timing investments and transactions to realize their value
to shareholders' best advantage.
Dejour,
maintains offices in Denver, USA, Calgary and Vancouver, Canada. The company is
publicly traded on the New York Stock Exchange Amex (NYSE- Amex: DEJ) and
Toronto Stock Exchange (TSX: DEJ).
Statements Regarding Forward-Looking
Information
: This news release contains statements about oil and gas
production, operating activities, and statements reporting anticipated timing of
production, production rates, related royalties and timing of casing that may
constitute "forward-looking statements" or "forward looking information" within
the meaning of applicable securities legislation as they involve the implied
assessment that the resources described can be profitably produced in the
future, based on certain estimates and assumptions. Forward-looking statements
are based on current expectations, estimates and projections that involve a
number of risks, uncertainties and other factors that could cause actual results
to differ materially from those anticipated by Dejour and described in the
forward-looking statements. These risks, uncertainties and other factors
include, but are not limited to, adverse general economic conditions, operating
hazards, drilling risks, inherent uncertainties in interpreting engineering and
geologic data, competition, reduced availability of drilling and other well
services, fluctuations in oil and gas prices and prices for drilling and other
well services, government regulation and foreign political risks, fluctuations
in the exchange rate between Canadian and US dollars and other currencies, as
well as other risks commonly associated with the exploration and development of
oil and gas properties. Additional information on these and other factors, which
could affect Dejour's operations or financial results, are included in Dejour's
reports on file with Canadian and United States securities regulatory
authorities. We assume no obligation to update forward-looking statements should
circumstances or management's estimates or opinions change unless otherwise
required under securities law.
The
TSX does not accept responsibility for the adequacy or accuracy of this news
release.
Robert
L. Hodgkinson, Chairman & CEO
DEJOUR
ENTERPRISES LTD.
598 – 999
Canada Place,
Vancouver,
BC Canada V6C 3E1
Phone:
604.638.5050 Facsimile: 604.638.5051
Email:
investor@dejour.com
Investor
Relations – New York
Craig
Allison
Phone:
914.882.0960
Email:
callison@dejour.com
|
Dejour
Enterprises Ltd.
|
|
|
(Registrant)
|
|
|
|
|
|
Dated:
March 17, 2010
|
By:
|
/s/
Mathew Wong
|
|
|
|
Mathew
Wong,
|
|
|
|
Chief
Financial Officer
|
|
|
|
|
|
DXI Capital (CE) (USOTC:DXIEF)
Historical Stock Chart
From Jun 2024 to Jul 2024
DXI Capital (CE) (USOTC:DXIEF)
Historical Stock Chart
From Jul 2023 to Jul 2024