Dejour Receives Approval to Commence Development of Gibson Gulch

Dejour Energy Inc. (NYSE: DEJ) announced today that it has received approval from the Bureau of Land Management to commence development on Dejour's 72% owned federal leases located in the Piceance Basin near Glenwood Springs, Colorado. The permits received today allow the company to prepare access roads, construct a drilling pad and drill the first four of a proposed eight well first phase development of this liquid rich gas project.

“The issuance of these initial permits by the BLM is the result of a thorough review process involving Dejour, the BLM, the Colorado Department of Wildlife and the local community. It marks the first step in a development plan designed to provide significant volumes of clean natural gas and natural gas liquids to the market. This is the second significant milestone achieved by Dejour in 2011, following on the heels of the successful implementation of a waterflood at our Woodrush Field in British Columbia. With increasing oil production from the Woodrush field and the commencement of a much larger development of our proven reserve at Gibson Gulch in the fourth quarter, Dejour is now firmly on a path of growth in production, profit and developed reserves”, stated Harrison Blacker, President.