Dejour Energy Inc. has closed on its previously announced production acquisition of a further 24% Working Interest in its legacy Woodrush oil and gas project, subject to final TSX approval.

Woodrush is currently producing at a rate of 475 BOE per day, with approximately $40 per BOE netbacks. A $2.5mm development program is scheduled to commence in the second half of 2014 targeting both Halfway oil and Gething gas with the goal of adding at least 50% to this production threshold.

Tags: Dejour Energy Inc.