PRESS RELEASE

 

DEJOUR ENTERPRISES LTD.:                                                      TSX-V: “DJE”/OTC BB:”DJEEF”

 

FOR RELEASE:                                                                                                         May 14, 2007

 

Dejour Update on Titan Uranium Drilling Program

 

Vancouver, British Columbia, Canada, May 14, 2007 – Dejour Enterprises Ltd. (“Dejour”) (TSX-V: “DJE”) Robert L. Hodgkinson, Chairman & CEO is very pleased to announce that Titan Uranium Inc. (TSX-V:TUE)  drilling is scheduled to commence on or about May 17, 2007 on the Carlson Creek project located 20 km along trend of Cameco’s McArthur River mine, the world’s largest and highest grade uranium producer.

 

The Carlson Creek project area is located in the east Athabasca Basin, home to all of Canada’s current uranium production. In addition to its proximity to the McArthur River mine, the property is adjacent to the JCU (Canada) Exploration Christie Lake property which hosts the Paul Bay uranium deposit (Saskatchewan Mineral Deposit Index- #2654 quoted as 212,941 tonnes grading 3.53% U3O8; 16,570,000 lbs U3O8).

 

The drill targets on the Carlson Creek property are EM conductors defined by a 2006 airborne VTEM survey. These basement electromagnetic anomalies do not appear to have been detected by previous lower-powered geophysical surveys. Importantly, the Paul Bay structure can be traced on to the Titan property where it intersects the conductors, an ideal location for unconformity style uranium mineralization.

 

Initially 2000 metres of drilling is planned where at least three drill holes will test the EM conductor axis/structure intersections. The depth to the unconformity is estimated at 420 metres.

 

J. Allan McNutt, P.Geo., M.A, Sc. is the qualified person for this project.

 

Titan is a well-capitalized Saskatchewan-based uranium explorer with a very dominant property portfolio in the southwest portion of the Athabasca Basin.  Dejour is the largest Titan shareholder, holding 17.5-million shares and three-million warrants representing approximately 34% of Titan’s approximately 52-million shares outstanding.

 

In addition to becoming a major shareholder in Titan, Dejour will be the beneficiary of a 1% NSR and a retained 10% working interest in each property it is contributing to Titan to the point of a completed bankable feasibility study. Carlson Creek is one of such contributed properties.

 

About Dejour

Dejour Enterprises Ltd. is a micro cap Canadian company focused on oil & gas exploration and production with a significant investment in uranium discovery. The company acquires high-impact energy assets and strategically monetizes them through partnerships and co-ventures to limit exposure and enhance returns.

 

Dejour has significant holdings in three of the world's premiere energy resource regions. This includes 288,000 gross (60,000 net) acres in the Piceance and Uinta Basins, a vast natural gas play in North America; and a major interest in Titan Uranium Inc. (TSX-V: TUE), with 1.44 million acres in the Athabasca and Thelon Basins, the world's most recognized areas for uranium exploration. Finally, the company is pursuing high impact natural gas opportunities in Canada's Western Sedimentary Basin, known as the Peace River Arch Projects, comprising of 49,000 gross acres.

 

The Company is listed on the TSX Venture Exchange (DJE.V), OTCBB (DJEEF), and Frankfurt (D5R).  Dejour is a reporting issuer to the SEC.   Refer to www.dejour.com for company details or contact the Office of Investor Relations at investor@dejour.com 

 

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

 

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading “Risk Factors” and elsewhere in the Corporations’ periodic filings with Canadian securities regulators. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The corporation does not assume the obligation to update any forward-looking statement.

 

Robert L. Hodgkinson, Chairman & 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