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Dejour eyes Kokopelli flows

by on September 25, 2012 2:00 pm BST
 

The Denver-based explorer said the 2500-foot gross gas
column as well as depth and composition of formations found at the Dejour
Federal 6/7 well on the Kokopelli in the Piceance basin was as expected.

The well was drilled to 8440 feet just below the base of the
Rollins formation. It is targeting the Lower Mesa Verda formation which has
sands, silts, shale and coals.

Completion operations are set for the fourth quarter,
leading operator Dejour to contend that production is still set for the same
quarter.

“Successful completion of this well
secures for Dejour the substantial portion of the proven and probable
undeveloped reserves, 200 billion cubic feet equivalent including 12 million
barrels of liquids net to

Dejour, attributed to the Williams Fork section of this
Kokopelli leasehold by independent engineers,” the company said on Tuesday.

Dejour has a 72% stake in the play with Brownstone Energy
on the remaining 28%.