Dejour Highlights from Q1 2010

Dejour Enterprises (NYSE-Amex: DEJ; TSX: DEJ) releases Q1 2010 results, including the following highlights:

• Successfully drilled, completed and tested two additional wells in the Woodrush area, providing the Company with the expectation of positive operating cash flow generation in the 2^nd quarter of 2010. The first well is a productive gas well in the Gething formation and tested at a rate in excess of 900 MCFD (675 MCFD net to Dejour) of natural gas, unstimulated. The second well is productive in the Halfway formation and tested at rates well in excess of 500 BOPD (375 BOPD net to Dejour) of oil. These two wells will be tied into production in the 2^nd quarter of 2010 and production rate will increase accordingly.
• Obtained a credit facility of up to $5 million, allowing the Company to refinance its existing bank facility and fund its working capital.
• Raised $1 million in equity under challenging market conditions, allowing the Company to execute its drilling program in the quarter.

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Dejour’s 2010 IPAA Webcast Now Available For Download

Dejour Co-Chairman Stephen R. Mut presented today at the Oil and Gas Investment Symposium (OGIS) organized by the Independent Petroleum Association of America (IPAA) in New York City.

Interested parties are invited to listen to this insightful 20-minute presentation (audio file) at:

http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=DEJ&item_id=2726420.

Dejour to Present at the 2010 IPAA Investment Symposium

DENVER, Apr 07, 2010 (BUSINESS WIRE) –

Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) announced today that Co-Chairmen Robert L. Hodgkinson and Stephen R. Mut will present at the Oil and Gas Investment Symposium (OGIS) organized by the Independent Petroleum Association of America (IPAA) on Monday April 12, 2010, 4:10pm EDT at the Sheraton New York Hotel and Towers in New York City.

Interested parties are invited to listen to a live webcast of the presentation at:

http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=DEJ&item_id=2726420

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Dejour Highlights 2009 Year End Results

Dejour Enterprises released highlights for year-end 2009 in a press release on March 31, 2010 after the market closed. Dejour had a very productive 2009 and has come out of the gate strongly for 2010 as evidenced by their last two press releases.

Among the list of milestones achieved in 2009 Dejour announced the following:

• Increased Net Proved Reserves by more than 3,100% from slightly more than 3 BCFE to more than 93 BCFE.
• Increased Net Proved and Probable Reserves by more than 3,500% from slightly more than 6 BCFE to more than 217 BCFE.
• Reduced debt from $18.3 million to $6.2 million and raised $5 million of equity under challenging market conditions
• Annual production for 2009 averaged 456 BOE/d, an increase of 78% from 256 BOE/d in 2008

And subsequent to year end 2009, Dejour drilled two new discoveries (1.5 net) at Woodrush Northeast British Columbia, Canada. One is a Gething gas discovery on-line at approximately 1MMcf/d. The second is a light oil discovery currently producing in excess of 400 BOE/d, raising Woodrush gross production to more than 1,000 BOE/d, 50%+ oil (75% net to Dejour). Dejour plans to drill one to two more wells at Woodrush in 2010.

Dejour looks to be solidly back in the game with materially increased reserve/production numbers and plenty of drilling planned for 2010 and beyond. We have seen the stock rebound somewhat from recent lows but see plenty of additional upside to the Dejour story from here as they prepare to build out several existing production areas and explore several new prospect areas over the next few quarters. When the energy markets strengthen (and we feel that is only a matter of time as many analysts are predicting a decline in overall worldwide oil production over the next few years - which we expect to have a big effect on energy pricing) Dejour should be well positioned to further increase shareholder value going forward.

To view Dejour’s full 2009 highlight release click here

Dejour Oil Discovery Tests Over 500 Barrels of Oil per Day

CALGARY, Alberta–(BUSINESS WIRE)–Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) today releases the results of a 24 hour production test of the new oil discovery at its 75% owned Woodrush project in the Peace River Arch, NE British Columbia that was announced last week.

Production casing was set on Well A-1-I/94-H-02 after it encountered a Halfway oil pool and other productive horizons (See Dejour news release of March 17, 2010). This well was drilled to a newly defined seismic feature north of the original Woodrush oil discovery made in Dejour’s D-91-H well, in 2008. The A-1-I well was subsequently completed in the Halfway sand and flow tested in excess of 500 Barrels of Oil per day (BO/day) of light sour oil during a 24 hour test. Pipelines are now being laid to Dejour’s central production facility. Production is to commence prior to the end of March at initial rates between 300 and 400 BO/day.

This addition boosts the Woodrush gross production to over 1000 BOE/d, approximately 50% oil. Dejour is operator with a 75% WI.

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Dejour Records Two New Discoveries at Woodrush

Calgary Alberta, March 17, 2010 -- Dejour Enterprises Ltd. (NYSE-Amex: DEJ / TSX: DEJ) today announces new oil and gas discoveries at its 75% owned Woodrush project in the Peace River Arch, NE British Columbia. Two wells were drilled based on the preliminary interpretation of a new 3D seismic program acquired and processed during this winter’s drilling season.

The first discovery (A-A91-H/94-H-02) was drilled to 4000′, encountered 8 meters of good quality (14% porosity) Gething Sand. The well was perforated on March 12, and flowed for four hours at rates as high as 950 thousand cubic feet per day during clean up operations. Gathering lines to the production facility are being laid with production to commence prior to month end at a production rate anticipated by management to be in excess of 1 million cubic feet gas per day. Management believes that this new gas discovery will be subject to a net 2% royalty under the new BC Government royalty incentive program for the first 12 months of production.

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Dejour Proved and Probable Reserves Increase by 215 Billion Cubic Feet Gas Equivalent in 2009

Key Piceance Basin Project’s Proved Undeveloped and Probable Reserves valued at Before Tax Net PV-10 of US$297 Million (net of capital, operating costs and local taxes)

Denver, Colorado, March 16, 2010 — Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ), a high growth oil and natural gas company operating multiple exploration and production projects in North America’s Piceance / Uinta Basin and Peace River Arch regions announced the results of its year end reserve assessment for its wholly-owned subsidiary Dejour Energy (USA) Corp. The reserve evaluation was conducted by independent, global consultants Gustavson Associates LLC (“Gustavson”), of Boulder Colorado, a qualified resource evaluator, and was prepared in accordance with Canada’s National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities and the COGE Handbook. The forecast prices are based on December 31, 2009 NYMEX futures strips prices prepared by Gustavson and adjusted for the appropriate transportation differentials.

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Dejour Closes $1M Flow Through Financing

March 5, 2010, Vancouver, Canada. Dejour Enterprises Ltd. (NYSE AMEX: DEJ/TSX: DEJ) announces that it has closed its non-brokered private placement. Gross proceeds from this flow through financing totaled C$1,017,500 corresponding to 2,907,300 units sold at $0.35. Each Unit consists of one flow-through common share and half of one share purchase warrant. Each whole warrant allows the holder to purchase one non-flow-through common share at $0.45 within 12 months from closing; Dejour has the right to accelerate the expiry date of the warrants if the average closing price of a Dejour share is above $0.65 during any twenty day period, following the mandatory hold period.

Insiders of Dejour purchased approximately 15% of this offering. The Company paid finders’ fees of up to 6.25% of the proceeds in cash in connection with this sale and up to 1.5% warrants on the number of Units sold through the agent.

Funds will be used for completion of the current drilling program at Woodrush in NE BC project, where 2-3 new pool Halfway oil wells are to be drilled prior to the end of March. Dejour holds a 75% WI and operates this project. These wells are being drilled pursuant to the acquisition of new 3D seismic data. There are currently six wells in production at Woodrush producing about 630 gross BOE per day.

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Dejour Secures Mezzanine Financing For Project Expansion

Calgary, AB, February 24, 2010 — Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) announces it has signed a binding commitment letter securing a $5MM line of credit from an Alberta-based mezzanine lender. The first $2 million of this resource will be available upon closing and used to refinance Dejour’s existing bank facility and fund its working capital. The remainder of the line will be accessible, subject to additional lender review and approval by the Dejour Board of Directors, to finance project expansions currently being considered by Dejour at its Drake/Woodrush facility.

“This interim financing provides Dejour with an important, non-dilutive credit facility that allows for the seamless transition of its future requirements to a senior conventional lender, once the 2010 production enhancements at Woodrush have been successfully concluded”, commented Hal Blacker, Dejour’s President and COO.

Dejour Provides US Projects Update

In a press release out today, Dejour Enterprises provided updates for their US based projects in the Piceance Basin including Gibson Gulch, Roan Creek, South Rangley and other Western Colorado/Utah projects.

DENVER–(BUSINESS WIRE)–The Board of Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) has approved the 2010 operating plan for Dejour USA, which concentrates on low risk well defined development opportunities on its properties located primarily in the natural gas prone Piceance Basin.

“Market conditions have appreciated noticeably in the Piceance Basin with improving natural gas prices and new pipeline infrastructure that has all but eliminated the price differential between Rockies gas production and US Gulf Coast gas production”, states Hal Blacker, President & COO. “Our goal for the US operations in 2010 is to establish production from two of our project areas while completing important pre-development activities that will position our largest and most profitable project, Gibson Gulch, for startup of Phase 1 development”.

Gibson Gulch

Located in the heart of a key producing area of the Piceance Basin, Dejour has 72%WI in 2200 acres. This acreage appears to be in one of the best locations in the basin for both Williams Fork and Mancos gas and condensate production. Williams Co. (NYSE:WMB – News) purchased bordering acreage for $30,000+ per acre in late 2009, has moved in 4 rigs and commenced a 150 well program between and around Dejour’s