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  • Zacks Small Cap Researchlast year

    DEJ: Dejour Energy reports 2nd quarter results

    Dejour Energy (DEJ) reported results for the second quarter ending June 30, 2015. Gross oil and gas revenues (before royalties) declined 17.1% Year-Over-Year (YOY) to $2.15 million, which was due to a combination of the company having sold 65% of its working interest in Kokopelli on June 30, 2014 (reducing production attributable to Dejour Energy), a 57.1% decline in average realized gas prices and a 26.8% decline in average realized oil prices. This was partially offset by the commencement of production from two new wells at Woodrush in January 2015: one being a natural gas discovery in the Gething geological formation and the other being an oil well tapping the south end of the company’s Woodrush oil pool.

  • Zacks Small Cap Researchlast year

    DEJ: Dejour Energy reports 1st quarter results

    Late last week, Dejour Energy (DEJ) reported results for the first quarter ending March 31, 2015. Gross oil and gas revenues (before royalties) declined 47.2% Year-Over-Year (YOY) to $1.47 million, which was due to a combination of the company having sold 65% of its working interest in Kokopelli on June 30, 2014 (reducing production attributable to Dejour Energy), a 62.3% decline in average realized gas prices and a 46.7% decline in average realized oil prices This was partially offset by the commencement of production from two new wells at Woodrush in January 2015: one being a natural gas discovery in the Gething geological formation and the other being an oil well tapping the south end of the company’s Woodrush oil pool.