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.