InvestorsHub Logo
Followers 22
Posts 1225
Boards Moderated 1
Alias Born 08/16/2009

Re: Hammer1 post# 926

Thursday, 03/25/2010 1:12:44 PM

Thursday, March 25, 2010 1:12:44 PM

Post# of 3745
Rough calc from that 6-k, 10.95 million in revs from the Woodrush project alone at current price of 80.00 a barrel or so. They noted the revs will push them into positive cash flow too.


“We anticipate that the two new wells drilled and completed at Woodrush this March will more than double the operating netback to the Company from this field. For the foreseeable future, management anticipates Woodrush will provide Dejour with a positive operating cash flow, a critically important milestone in our plan to exploit the much larger Gibson Gulch Project in the Piceance Basin, Colorado,” stated Harrison Blacker, President and COO."



http://www.sec.gov/Archives/edgar/data/1323838/000114420410014886/v178184_6k.htm