Likely to be released first two weeks of January. As to Koko, tie-in is nice, but DEJ will focus investors in the approxmiately 42 initial wells at Koko -- obviously they can't drill those on their own, so expect partners/sale of those 42 wells. As to Woodrush, it appears DEJ will no longer focus on BOEs per day (previous estimates were 1,000 and then 700 BOE), but instead will have investors look at the new valuation of oil deposits at Woodrush.
Seems to me management is simply setting up DEJ to be sold -- doesn't really care about production - just wants initial production at the sites to substantiate / increase their valuations.
Also, expect management to start a roadshow at the end of January.
I don't think they are looking for a buyout but rather candidates for JV. S. Rangely and Koko will be first candidates and anyone who is interested in either will likely be tied into a deal to perform the seismic on N. Rangely. There is too much untapped potential to sell out now. They might get $2.50 a share including premium on valuation now but with deals in place that gets north of $4 and up to $10+ (depending on N. Rangely).
This jives with the intel I've been getting for months. Bob Hodgkinson turns 65 years old in 2014 and he's been building this to sell for some time. 2013 is a setup year for Dejour where in 2014 a buyout is very likely in my opinion. I suppose this could go into 2015, but I think Hodgkinson sells the company in 2014. It also behooves the company to get this stock price closer to its book value before entertaining buyout offers.