Replies to post #331803 on ORIONS Money Stocks

[Lady-baron]

DEJ Advisor to Assist in Securing Debt Financing for Kokopelli Development

Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ) (“Dejour” or the “Company”), an independent oil and natural gas exploration and production company operating in North America's Piceance Basin and Peace River Arch regions, updates current progress towards financing the Kokopelli Project (“Kokopelli”).

Dejour has retained Casimir Capital L.P., a full service energy focused investment bank, to assist Dejour with securing debt financing to support the Kokopelli Project development in 2015, 2016 and 2017. Dejour expects to participate in a 2015 drilling campaign that includes at least 10 additional wells.

As per previous reports, the operator must deploy development capital for the 2014 program which includes drilling and completing 9 wells to earn its 65% WI in the 2200 acre property. The program is currently underway and on schedule. Upon this deployment of capital, Dejour will retain a 25% working interest in the Kokopelli Project. Together, the working interest partners expect to develop the area which could hold 250 potential drilling targets.