The Peace River Arch projects are located in the NE British Columbia and NW Alberta and is recognized by industry as having a history of high quality reserves and continues to be a highly competitive area. The Arch offers significant opportunities for the recovery of new and remaining reserves of that same quality. Due to the Arch’s impressive geologic and geographic diversity, success is rewarded with prolific natural gas production, that can be both sweet and rich in natural gas liquids.
In specific areas within the Arch, the maturity of development also provides a well-developed infrastructure thereby allowing for ease of tie-in resulting in early on-stream production.
41,000 gross acres 15,000 net acres 75% owned and operated $1MM 3D seismic completed; interpreted Q1/10 Waterflood of existing oil pools completed in Q2/11 Currently 10 wells (2 oil, 6 gas and 2 injectors) Potential additional wells: 1 oil and 2 gas Gross production expected to increase to a level of 1200 to 1400 BOE/d by early 2012 Preliminary NI-51-101 Scoping Study dated June 30, 2011 suggests 1.3 Million BO remain recoverable from Woodrush The combined value of the oil and gas PV-10 proved and probable reserves at Dejour’s Canadian properties is approximately C$44 million as at June 30, 2011 Deeper Montney/Doig potential
Click on the link below for more detailed project information:
