Dejour Ties-in 3rd Successful Oil Well at Woodrush

Tuesday, Feb 14, 2012

Dejour Energy Inc. (NYSE-AMEX: DEJ / TSX: DEJ) today announced that the aB-1 oil well at its 75% owned Woodrush project in the Peace River Arch, NE British Columbia, has been successfully completed and tied into production at a current oil production rate of approximately 50 BOPD. This new well’s flow rate is expected to ramp up considerably as the reservoir continues to pressurize with the ongoing water injection program.

"With a successful conclusion to a challenging completion, we believe that this third oil well will deliver approximately 200 BOPD and we will work to maximize oil production to achieve or exceed the desired production profile. Dejour intends to continue injecting approximately 2,500 barrels of water per day into the reservoir to achieve a steady and efficient production profile for the entire Halfway pool and generate sequential increases in oil production over the balance of 2012,” stated Hal Blacker, President and COO of Dejour.

Source: Business Wire

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