Dejour Energy Inc., an independent oil and natural gas company, has fracture stimulated and is preparing to flow the test well drilled in Q3 2011 on its South Rangely leasehold, in Rio Blanco County. A 100,000 lb. slick-water fracture treatment has been executed over the entirety of the 90 feet of hydrocarbon bearing interval.
As previously disclosed, this vertical well was drilled to a depth of 3863' to test the hydrocarbon bearing siltstone in the Lower Mancos"C"/Niobrara sands, up-dip from on trend oil production. Preliminary results of this post fracture stimulation testing should be known by month’s end. Dejour, the project operator, has a 50% WI in the test well and an average 56% WI in the surrounding 7,000 acres.
"We are pleased to be able to test the South Rangely well before year’s end to assess the future Hz development capability of this prospective oil property. Our goal is to expand both oil and liquids production and we are committed to executing our plan of increasing the PDP reserve value of our US land portfolio beginning with Gibson Gulch and South Rangely," stated Harrison Blacker, president and COO.