PRESS RELEASE

 

DEJOUR ENTERPRISES LTD.:                                                               Amex:”DEJ”/ TSX-V: “DEJ”

 

FOR RELEASE:                                                                                                 September 18, 2007

 

Dejour Updates Drilling/Completion for Piceance and Peace Arch Prospects

 

September 18, 2007 - Vancouver, CanadaDejour Enterprises Ltd. (Amex: DEJ, TSX-V: DEJ and Frankfurt: D5R) reports further drilling updates on both its 300,000 acre Piceance Project area and its 39,000 acre Peace Arch Project area.

 

In Rio Blanco County, located in the Piceance Basin in Colorado, final testing and completion plans for the North Barcus Creek #1-12 well have been agreed upon by all partners in conjunction with Haliburton, the completion consultants to this project, and are scheduled to commence the week of September 24, 2007. Operations to date are on time and under budget. Results should be forthcoming over the ensuing 30 days.

 

The second well (NBC #2-12) being drilled by Dejour and its partners at its 1590 acre North Barcus Creek property is currently drilling ahead at 10,720’. Total depth (11,450’) is expected to be reached in the next 48 hours at which point the well will undergo comprehensive logging.  If indications are consistent with #1-12 North Barcus Creek, this well will be cased to depth for testing and completion following the #1-12 well.

 

Immediately upon finalization of testing both the #1-12 and #2-12 wells at North Barcus Creek, Gustavson & Associates will prepare a 51-101 compliant proven developed and undeveloped reserve report for Dejour and its partners on these two locations and surrounding spacing units.

 

Further drill plans for development of Dejour’s Piceance Basin properties will be forthcoming in the next 60 days.

 

The Company is pleased to report that its second discovery in the Peace River Arch project area, at Saddle Hills Alberta, announced in a news release dated May 3, 2007 is now being tested. Dejour anticipates that this discovery will be completed as a dual zone producer from both the Paddy and Charlie Lake zones. Initial production rates, dates and ensuing development plans will be forthcoming as released by the operator. Dejour holds a 30% interest in this discovery and a total of 3840 surrounding acres.

 

R. Marc Bustin, Ph.D., P.Geol. FRSC is the qualified person for the Piceance Basin and Charles Dove. B.Sc.P.Geoph., is the qualified person for the Peace River Arch.

 

In other business, Dejour has allowed the previously announced LOI to purchase certain producing reserves in Liberty County, Texas to expire. Dejour requires further specific information to close the transaction, but believes that a sound purchase and sale agreement may be achieved in due course.

 

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 to enhance shareholder returns.

 

The Company is listed on the Amex (DEJ), TSX Venture Exchange (DEJ.V), 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 

 

CAUTIONARY DISCLAIMER - FORWARD LOOKING STATEMENTS
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects, are forward-looking statements. Although Dejour believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include uranium and oil and gas prices, well or production performance, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. The Company expressly disclaims any obligation to update any forward-looking statements. We seek safe harbor.

 

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

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