Dejour Enterprises: A Growth Oil and Natural Gas Company

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Message: Improving Production and Seismic Program Completion

Improving Production and Seismic Program Completion

posted on Jan 27, 2010 07:26PM

Dejour Provides Woodrush Project Update

Improving Production and Seismic Program Completion

Vancouver Canada, January 27, 2010-- Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) today announcesthat the expansion of compression facilities at its 75% owned Woodrushproject in the Peace River Arch, NE British Columbia has been completedand is expected to result in increased gross production for the projectof approximately 1,200 MCF per day (200 BOE per day) when reconnectedto the Spectra pipeline by month end. Operational enhancements,combined with better terms for transportation and sales, is expected toincrease overall gross production for the project to approximately 650BOE per day with netbacks per barrel of oil equivalent targeted toimprove by an estimated 15 percent.

"The operational enhancements achieved allow us to maximize ourexisting production from this project," said Hal Blacker, President andCOO of Dejour. "This additional cash-flow will assist in the support ofour drill program for 2010, including 3 wells to be drilled/completedduring Q1 at Woodrush".

As part of the development plan for Woodrush, Dejour has now acquiredand is currently processing a $1 million, three-component, 3D seismicprogram. Processing of this seismic data is targeted to be completedmid to late February 2010. Dejour anticipates the results of theseismic survey will allow the Company to confirm additional targets fordevelopment drilling. The Company also expects to define futuredevelopment locations over the entire Woodrush pool, possibly extendingthe pool to both the north and south of the discovery well over amaximum of three sections of land. Additionally, a best possiblecompletion profile will be developed for well D-81, drilled in December09, which reached its target in a high quality Halfway sand, containingapproximately two meters of crude oil and three meters of natural gas.

A drilling rig is currently on-site at Woodrush and completion of the2009-10 drilling program is targeted for the end of March 2010. TheWoodrush project currently consists of six natural gas and oil wellswith associated production facilities. Dejour is the operator of thisproject.

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