After hours news, Dejour Energy drilling operations under new $20M JV deal with well known O&G firm.start at Kokopelli, pad and wastewater well done. 4 of 8 new wells to be drilled, fracked, and tied into existing pipeline infrastructure by November.
Company is also expected to release Q2 production numbers any day showing steady QoQ growth in boepd on target to reach FY2014 1000 boepd target. Woodrush expansion and reopening of shuttered wells, and acquisition of 99% working interest will boost short term production and profits. Medium term game plan with Colorado JV deal at Kokopelli is a big game changer for $DEJ.
