Woodrush Drilling Program Developed
Vancouver, Canada. August 6, 2009
Dejour Enterprises Ltd. (NYSE AMEX: DEJ/ TSX: DEJ)
Dejour reports an operations
update for Dejour Alberta (DEAL), a wholly owned subsidiary of the Company.
At the Woodrush project, located in the Peace River Arch British Columbia, the Company’s
engineering team has designed and implemented several efficiency measures to its C$6.5M
operating facility to enhance production operations. These efficiency measures will save
approximately C$600,000 annually on a go forward basis at current production rates and set up
the facility for greater savings as its production profile grows. In addition, DEAL G&A expenses
have been reduced by a further C$600,000 annually.
Moving forward, Dejour has developed its 2009/10 winter drilling program that includes plans
for 2-3 additional oil wells at Woodrush, which currently produces 550 gross BOE per day. All
operations through production are expected to be concluded prior to break-up.
To assist the Denver based engineering team in executing the Woodrush development plan,
Steve Crane, has been appointed to assume the role of acting COO for DEAL replacing Charles
Dove who is returning to his independent consulting practice. Mr. Crane is a 30-year industry
veteran with extensive technical, managerial and executive experience both upstream and
downstream technology, business development and asset management at ARCO, Royal Dutch
Shell, Muse Stancil and Pioneer Natural Resources. As founder and President of SURE Northern
(Canada), a Royal Dutch Shell subsidiary, he established the super-giant Grosmont resource base
in Alberta during 2005-2008 as a viable energy source. Mr. Crane has been awarded eight
patents for his innovations in unconventional oil and upstream oil and gas, contributed various
professional papers and is a co-author of the book, “Fractals in Petroleum Geology and Earth
Processes”. He received a B.Sc. in Petroleum Engineering and an M.B.A.
Hal Blacker, Dejour President & COO states, "Steve has been instrumental in restructuring our
Alberta operations and improving our bottom line. We are very fortunate that he has agreed to
take the operations lead for DEAL as we approach the winter drilling season."
About Dejour Enterprises Ltd.
Dejour Enterprises is a high growth oil and natural gas company, with an enviable portfolio
of land assets in key regions of Colorado, Utah, British Columbia and Alberta. Since
inception, Dejour’s veteran management team has consistently been among early identifiers
of premium energy assets, timing investments and transactions to realize their value to the
best advantage of our shareholders. Against a context of increasing concern about domestic
energy production, as technology continues to make previously inaccessible resources
available, and as natural gas proves to be an important stepping stone on the way to a greener
energy future, Dejour is ideally positioned for significant value growth. Learn more at
Dejour.com.
Dejour. Energy. Independence.
Dejour, headquartered in Vancouver, British Columbia, maintains operations offices in
Denver, Colorado and Calgary, Alberta. The company is publicly traded on the New York
Stock Exchange AMEX (NYSE AMEX: DEJ) and Toronto Stock Exchange (TSX: DEJ).
Robert L. Hodgkinson, CHM & CEO
DEJOUR ENTERPRISES LTD.
Suite 1100-808 West Hastings Street,
Vancouver, BC Canada V6C 2X4
Phone: 604.638.5050 Facsimile: 604.638.5051
Email: investor@dejour.com
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. Forwardlooking
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.
