Business Wire Business News: Dejour Receives Approved Permits to Drill in Piceance Basin - MSN Money
Penny Ditch  |  by news.moneycentral.msn.com. All rights reserved. 10.05 | 17:22

(FWB:D5R): Robert L. Hodgkinson, Chairman CEO, is very pleased to the Meeker Bureau of Land Management office in Colorado, for the initial two locations for the Barcus Creek prospect. This prospect is located in the company's Rio Blanco Deep Project Area, North Barcus Cr.

1-12 and 2-12. Final approvals from the Colorado State office are now expected within the next two weeks. Two additional approved APD's to be constructed on the Barcus Creek leases, with each location prepared to ultimately drill up to six (6) individual wells.

Drilling operations are planned to commence prior to the end of June 2007, subject to final rig contract. The primary drill target is the lower 2000' of the Mesa Verde Group sandstones, the most prolific producing natural gas reservoir in this Basin. Currently drill permits will Dejour currently holds a 25% working interest in the 1,590-acre Barcus Creek prospect, and over 12,000 acres in the Rio Blanco Deep project area.

This is part of almost 290,000 gross acres of oil gas and Eastern Utah. Brownstone Ventures (TSX.V:BWN) also holds a 10% -- Williams Co.

has recently drilled two wells offsetting the depths approximating 11,500 feet, and now has drilling rigs drilling full time on lands purchased by Encana, which approximate 200,000 acres in this project area. alone could contain over 300 TCF of gas in place. As previously reported in Dejour's news release dated 11.

24.2006, the undiscovered Dr. R.

Mark Bustin Ph.D., Geol.

is the qualified person for this Dejour Enterprises Ltd. is a micro cap Canadian company focused on uranium discovery. The company acquires high-impact energy assets and acres in the Piceance and Uinta Basins, a vast natural gas play in North America; and a major interest in Titan Uranium Inc.

(TSX-V:TUE), with 1.44 million acres in the Athabasca and Thelon Basins, the world's most recognized areas for uranium exploration. Finally, the Western Sedimentary Basin, known as the Peace River Arch Projects, comprised of 49,000 gross acres.

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Keywords: Project Area, Barcus Creek, Deep Project Area, Rio Blanco, Blanco Deep Project, Rio Blanco Deep, Deep Project, Blanco Deep
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