- Report of Foreign Issuer (6-K)
June 07 2010 - 4:21PM
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: June 7,
2010 File
No.
001-33499
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
Announces May 2010 Record Production
Re
sults
Woodrush
May Production Increases 332% from Q1 2010 Average
Calgary,
Alberta
,
June
7
,
2010
--
Dejour
Enter
prises Ltd.
(
NYSE-AMEX: DEJ / TSX: DEJ)
(“Dejour”)
,
a high growth
oil
and natural gas company operating
multiple exploration and production projects in Northeastern British Columbia
and Western Colorado
,
today
announces
record
crude
oil and natura
l gas output in May
from
the
Company's Woodrush Project located in
the Peace River Arch in British Columbia, Canada.
Gross project o
il and gas production
for the month of May was 31,580
barrels of oil
eq
uivalent (BOE), a 332%
improvement over the average gross monthly production of 9500 BOE during
Q1-2010.
Daily
Production
|
|
May 2010
|
|
|
|
|
|
By Product:
|
Natural Gas
|
2,208 mcf/d
|
|
|
Oil
|
680 bbl/d
|
|
|
|
|
|
Gross Total
|
|
1,018 boe/d
|
|
|
|
|
|
Dejour Net 75%
WI
|
|
764 boe/d
|
|
Production increase followed multiple
discoveries at the A-1-I and A-91-H locations at Woodrush during Dejour's
Q1-2010 winter drilling program. The C
ompany
plans to accelerate field development
with additional oil drilling scheduled to begin in Q3-2010.
Harrison Blacker, Dejour President and
COO states, “The month of May has provided the Company with significant
production improvement at Woodrush. Furthermore, additional project
data accumulation leads us to believe that there is opportunity for further
'Halfway' and 'Gething' reserve expansion, with a long-term potential for
recoverable reserve increase through water flood. This project is
exceeding expectation and defining itself as an important long term contributor
to the Dejour value equation.”
About
Dejour
Dejour Enterprises
Ltd. is a high growth oil and natural
gas company operating multiple exploration and production projects in North
Amer
ica’s Piceance /
Uinta Basin (109
,000 net acres) and Peace
River Arch regions
(20
,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).
BOE Presentation
: Barrel of
oil equivalent amounts have been calculated using a conversion rate of six
thousand cubic feet of gas to one barrel of oil. The term “BOE” may
be misleading if used in isolation. A BOE conversion ratio of one
barrel of oil to six mcf of gas is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the well head. Total BOEs are calculated by multiplying the daily
production by the number of days in the period.
Statements Regarding Forward-Looking
Information
: This news release contains statements that may constitute
"forward-looking statements" or "forward-looking information" within the meaning
of applicable securities legislation as they involve the assessment that the
reserves and resources described can be profitably produced in the future, based
on certain estimates and assumptions, these forward-looking statements include
but are not limited to, the availability of funding for future projects,
anticipated recovery per well for Gibson Gulch, the, risks related prospective
resource best estimate being inaccurate or incomplete or based upon errors in
assumptions, adverse general economic conditions, operating hazards, drilling
risks, inherent uncertainties in interpreting engineering and geologic data,
fluctuations in oil and gas prices and prices for drilling and other well
services, government regulation and foreign political risks, 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, Co-Chairman
& CEO
|
Investor Relations – New
York
|
|
598 – 999 Canada
Place,
|
Craig
Allison
|
|
Vancouver, BC Canada V6C
3E1
|
Phone:
914.882.0960
|
|
Phone: 604.638.5050
Facsimile: 604.638.5051
|
Email:
callison@dejour.com
|
|
Email:
investor@dejour.com
|
|
|
|
Dejour Enterprises
Ltd.
(Registrant)
|
|
|
|
|
|
Dated:
June 7, 2010
|
By:
|
/s/ Mathew
Wong
|
|
|
|
Mathew
Wong
|
|
|
|
Chief
Financial Officer
|
|
|
|
|
|
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