- Report of Foreign Issuer (6-K)
October 14 2010 - 1:50PM
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: October 14, 2010 File No.
001-33507
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
Drills 3rd Successful Well at Woodrush
Calgary, Alberta, October 14,
2010
-- Dejour Enterprises Ltd. (NYSE-Amex: DEJ / TSX: DEJ) reports that
it has logged and is now casing its third oil well at this 6000 acre property,
located 85km north of Ft. St. John in Northeastern British Columbia. The well
was drilled to the seismically defined southeast edge of the Halfway reservoir
in anticipation of a waterflood commencing as early as the first quarter of next
year. It encountered slightly more than two meters of high quality oil sand and
will be completed initially as an oil producer.
This well
is expected to be placed on production prior to the end of October, at an
initial rate of 300-400 barrels of oil per day (BOPD), bringing the field oil
production to more than 700 BOPD and total field production to between 1100 and
1200 barrels of oil equivalent (BOE) per day. Dejour is the project
operator and a 75% WI owner.
"This is
the first well of a two well program to be carried out during the fall drilling
season. The program is designed to increase daily production and
confirm our seismic interpretation of sufficient oil in place for the
implementation of a waterflood in the Halfway Sand. We are pleased
with the results of the first well, proving the extension of the reservoir to
the south and east of discovery well D-91-H. The second well, if
successful, will extend the proven reservoir to the north of well A-1-I and
trigger the waterflood implementation, potentially increasing recoverable
reserves from this pool by more than 100%.” commented Harrison F. Blacker, M.Sc.
M.Eng., President and COO of Dejour, and the qualified person for this
release.
About
Dejour
Dejour
Enterprises Ltd. is an independent oil and natural gas company operating
multiple exploration and production
projects in North America’s Piceance 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).
BOEs may
be misleading, particularly if used in isolation. A conversion ratio of 6
thousand cubic feet of gas to 1 BOE is used in this news release and is based on
an energy equivalency conversion method primarily applicable at the burner tip
and does not represent a value equivalency at the wellhead.
Statements Regarding Forward-Looking
Information:
This news release contains statements about oil and gas
production and operating activities 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.
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Robert
L. Hodgkinson, Co-Chairman & CEO
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Investor
Relations – New York
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598
– 999 Canada Place,
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Craig
Allison
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Vancouver,
BC Canada V6C 3E1
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Phone:
914.882.0960
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Phone:
604.638.5050 Facsimile: 604.638.5051
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mail:
callison@dejour.com
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Email:
investor@dejour.com
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Dejour Enterprises
Ltd.
(Registrant)
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Dated:
October 14, 2010
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By:
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/
s
/
Mathew Wong
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Mathew
Wong,
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Chief
Financial Officer
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