Dejour Contracts Patterson Drilling & Halliburton for Kokopelli Development

Dejour Energy Inc. (NYSE MKT: DEJ / TSX: DEJ), an independent oil
and natural gas exploration and production company operating in North
America's Piceance Basin and Peace River Arch regions, today provides an
update on field operations at its 72% owned and operated Kokopelli
project in Western Colorado.

The Company remains on schedule for the start-up of a new three well
drilling program at Kokopelli before the end of March. Mobilization of
Patterson-UTI (NASDAQ: PTEN) Rig #313 to Dejour′s Drill Pad 21-A has
begun. At the conclusion of the three well program, the Company has
contracted with Halliburton (NYSE: HAL) to commence completion of all
four wells (including Federal Well 6-7-16-21 which was drilled in
November).

Dejour is currently finalizing a gas transportation and processing
agreement with a major midstream operator in the Piceance. Under the
terms of the agreement, Dejour will maintain ownership of all NGL′s
recovered at the third party processing plant and sell both the NGL′s
and the residual gas at the tailgate of the plant.

'We are beginning the process of converting the Kokopelli asset from a
proven undeveloped and probable reserve to a proven developed producing
reserve that we expect to grow with time to over a net 120 BCF natural
gas with 15 MM barrels of condensate/liquids in the Williams Fork,? says
Harrison Blacker, Dejour COO.

Of significant interest to the Company are recent activities targeting
the deeper Niobrara-Mancos zones in proximity to Dejour leaseholds
within the Piceance Basin.

A recent announcement by WPX Energy (NYSE: WPX) of a successfully
completed Lower Mancos (Niobrara) Hz producer, in Garfield County,
states that a new producer has averaged 12 MMCF/d of restricted flow
production during the first 30 days. WPX further announced its intention
to drill 2 additional Hz wells in 2013 adding that the encouraging
production results of these new wells indicate that the Piceance Basin
recoveries, including the Niobrara-Mancos, offer the potential to at
least double the Company′s net reserves in the Piceance.

'We are also very excited about the activities of a Texas based E&P
company currently testing a 4,600′ horizontal leg of an 11,700′ deep
Mancos well less than 5 miles to the west of our Kokopelli location,?
Blacker continues.

Dejour has over 7,500 net acres of land prospective for Niobrara-Mancos
contingent resources in this Basin. The WPX well is situated between
Dejour′s Kokopelli and Roan Creek leaseholds.

About Dejour

Dejour Energy Inc. is an independent oil and natural gas exploration and
production company operating projects in North America′s Piceance Basin
and environs (approximately 129,000 net acres) and Peace River Arch
regions (approximately 8,500 net acres). Dejour′s seasoned management
team has consistently been among early identifiers of premium energy
assets, repeatedly timing investments and transactions to realize their
value to shareholders' best advantage. Dejour maintains offices in
Denver, USA, Calgary and Vancouver, Canada. The company is publicly
traded on the New York Stock Exchange MKT (NYSE MKT: DEJ) and Toronto
Stock Exchange (TSX: DEJ).

Statements Regarding Forward-Looking Information: This news
release contains statements about oil and gas production and operating
activities that may constitute 'forward-looking statements' or
'forward-looking information? within the meaning of applicable
securities legislation as they involve the implied assessment that the
resources described can be profitably produced in the future, based on
certain estimates and assumptions. Forward-looking statements are based
on current expectations, estimates and projections that involve a number
of risks, uncertainties and other factors that could cause actual
results to differ materially from those anticipated by Dejour and
described in the forward- looking statements. These risks, uncertainties
and other factors include, but are not limited to, adverse general
economic conditions, operating hazards, drilling risks, inherent
uncertainties in interpreting engineering and geologic data,
competition, reduced availability of drilling and other well services,

fluctuations in oil and gas prices and prices for drilling and other
well services, government regulation and foreign political risks,
fluctuations in the exchange rate between Canadian and US dollars and
other currencies, as well as other risks commonly associated with the
exploration and development of oil and gas properties. Additional
information on these and other factors, which could affect Dejour′s
operations or financial results, are included in Dejour′s reports on
file with Canadian and United States securities regulatory authorities.
We assume no obligation to update forward-looking statements should
circumstances or management's estimates or opinions change unless
otherwise required under securities law.

BOE Presentation: Barrel of oil equivalent amounts have been
calculated using a conversion rate of six thousand cubic feet of gas to
one barrel of oil. The term 'BOE? may be misleading if used in
isolation. A BOE conversion ratio of one barrel of oil to six mcf of gas
is based on an energy equivalency conversion method primarily applicable
at the burner tip and does not represent a value equivalency at the well
head. Total BOEs are calculated by multiplying the daily production by
the number of days in the period.

The TSX does not accept responsibility for the adequacy or accuracy
of this news release.

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Dejour Energy Inc.

Robert L. Hodgkinson, 604-638-5050

Co-Chairman
& CEO

investor@dejour.com

Facsimile:
604-638-5051

or

Investor Relations ? New York

Craig
Allison, 914-882-0960

callison@dejour.com