Dejour Energy Ltd. (NYSE: DEJ) has hired Sayer Energy Advisors to assist with the farm-out or sale of a Montney oil prospect in the Woodrush area of northeast British Columbia.

At Woodrush, Dejour holds a 75% working interest in 10 sections of land and a 69% interest in one additional section. The primary target is oil in an Upper Montney siltstone and in an overlying Doig siltstone, where average vertical depth is around 1,150 meters.

Dejour estimates that the upper Montney formation contains about 15,000 barrels of oil per acre, ...