RockBridge Update on BC Oil & Gas Properties Winter Program

RockBridge Energy Inc. announces that the operator of the Drake and Woodrush oil and gas properties in northern B.C., in which RockBridge has a working interest, has provided details of this winter’s planned capital program. The program includes drilling and initially completing a further Woodrush well as a flowing oil well targeting a new oil pool in the Halfway formation. The drilling is planned... 

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Dejour Secures $7,000,000 Bank Line for Peace River Arch Winter Drill Program

Dejour Enterprises Ltd. announces it has secured a revolving operating loan facility with a Canadian Bank initially for up to Cdn $7,000,000. This facility, secured by Dejour’s oil & gas assets in Canada, is at interest rate of Canadian prime (currently 4.75%) plus 1%. The Company anticipates the facility will be increased as Dejour’s proven reserve base rises as early as Q4 2008. “This...