Dejour Energy Inc. advises that effective April 1, 2014 it has revised its arrangements for processing its Piceance Basin Kokopelli natural gas production. Under the modified contracts DEJ will maintain its dedication commitment to Williams Field Services Company, LLC (Williams) now for the duration of a 15 year contract, but will be relieved of its obligation to deliver the current production to Williams until Williams can accept Dejour’s gas at their yet to be completed Parachute Creek Cryogenic plant, expected by July 1, 2016.
In the interim, Dejour will deliver its gas and liquids through the Enterprise Gas Processing, LLC (Enterprise) system to the Enterprise Meeker cryogenic processing plant where Dejour will receive significantly improved value for the residue and natural gas liquids attributable to the Dejour gas production.
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Dejour Energy Inc.
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