Dejour announces it
has been successful in acquiring lands on the emerging Montney
natural gas trend in this part of NE British Columbia. According to Andrew
Bradford, Oil & Gas Analyst, Raymond James (February 11/2008, “Canadian
Energy Sector”) the Montney resource in this region
is potentially one of the largest economically viable unconventional plays in
North America.
This report further
discusses large producers such as Encana, Duvernay, Murphy Oil and ARC Energy Trust are actively
increasing their spending in this region.
“Our initial land
acquisition on this play is part of a strategic ongoing growth plan for Dejour
in the Peace River Arch area. This sets Dejour on a track for significant new
resource growth through the drill bit for years to come,” says Charles Dove,
President Dejour
“This Montney land purchase combined with our recent land
acquisition in the Rocky Mountain Basin establishes Dejour’s exploration and
development programs for at least the next 18-24 months. I am very pleased that the Company has been
able to acquire properties in two of the strongest oil and gas resource plays
in
About Dejour
Dejour Enterprises
Ltd. is a micro cap Canadian company creating shareholder value through a
balance of exploration, development, production and monetization of strategic
North American energy properties including oil, natural gas and uranium.
The
Company is listed on the Amex (DEJ), TSX
Statements Regarding Forward-Looking
Information:
Some statements contained in this news release are forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Investors are cautioned that forward-looking statements are inherently
uncertain and involve risks and uncertainties that could cause actual results
to differ materially, including comments regarding the expectation that the
offering will be completed consistent with the terms outlined above and use of
proceeds from this transaction. Actual
results may differ materially from those presented. Factors that could cause results to differ
materially include fluctuations in oil, gas and uranium prices, changes in
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.
Phone: 604.638.5050 Facsimile:
604.638.5051 Email: investor