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Re: stockrush0 post# 3264

Thursday, 05/22/2014 9:43:34 AM

Thursday, May 22, 2014 9:43:34 AM

Post# of 3745
I have spoken with Craig from Investor Relations a couple times in the last week. I can confirm what others have posted in message boards that DEJ is trying to get a partner willing to develop more than just one property with shallower, lower yield wells, but instead to also include in a deal a partnership to develop the much more lucrative deep wells (8,500 feet). DEJ is sitting on land with well permits already in hand. They own acreage including deep formations where immediately adjacent to their property other developers have demonstrated high production deep wells, which would be an immediate game changer for this stock were a deal to be announced. DEJ could go from a $0.20-$0.25 stock to $0.50-$0.75 almost overnight.