Scandoil.com

Dejour improves operational efficiencies at Peace River Arch


Published Aug 7, 2009
[an error occurred while processing this directive]

Edit page New page Hide edit links

Dejour announces second natural gas discovery in Peace River Arch-Spotlight

Dejour Enterprises reports an operations update for Dejour Alberta (DEAL), a wholly owned subsidiary of the Company.

At the Woodrush project, located in the Peace River Arch British Columbia, Dejour's engineering team has designed and implemented several efficiency measures to its C$6.5M operating facility to enhance production operations. These efficiency measures will save approximately C$600,000 annually on a go forward basis at current production rates and set up the facility for greater savings as its production profile grows. In addition, DEAL G&A expenses have been reduced by a further C$600,000 annually.

Moving forward, Dejour has developed its 2009/10 winter drilling program that includes plans for 2-3 additional oil wells at Woodrush, which currently produces 550 gross BOE per day. All operations through production are expected to be concluded prior to break-up.

To assist the Denver based engineering team in executing the Woodrush development plan, Steve Crane, has been appointed to assume the role of acting COO for DEAL replacing Charles Dove who is returning to his independent consulting practice. Mr. Crane is a 30-year industry veteran with extensive technical, managerial and executive experience both upstream and downstream technology, business development and asset management at ARCO, Royal Dutch Shell, Muse Stancil and Pioneer Natural Resources. As founder and President of SURE Northern (Canada), a Royal Dutch Shell subsidiary, he established the super-giant Grosmont resource base in Alberta during 2005-2008 as a viable energy source. Mr. Crane has been awarded eight patents for his innovations in unconventional oil and upstream oil and gas, contributed various professional papers and is a co-author of the book, Fractals in Petroleum Geology and Earth Processes. He received a B.Sc. in Petroleum Engineering and an M.B.A.

Hal Blacker, Dejour President & COO stated, "Steve has been instrumental in restructuring our Alberta operations and improving our bottom line. We are very fortunate that he has agreed to take the operations lead for DEAL as we approach the winter drilling season."

Tags: Dejour Enterprises Ltd.




   

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us

 

sitemap xml


 

Home