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Dejour’s Canadian Bank Renews Existing $3.5MM Credit Facility



  Dejour’s Canadian Bank Renews Existing $3.5MM Credit Facility

Business Wire

VANCOUVER, British Columbia -- December 17, 2013

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, announces that it has renewed its $3.5
million credit facility with the Canadian Western Bank. As previously
reported, this is a revolving Canadian chartered bank demand loan with an
interest rate at Prime + 1%. The next review will occur in late Q2-2014.

Currently, Dejour has drawn $2.8MM against this facility. The facility
possesses an “acquisition provision” that may be activated should the company
make an acquisition. Absent activation of this provision in Q1-2104, the
facility limit will reduce by approximately 9%. The Company anticipates that
it would pay down from excess cash flow an orderly $100k/month reduction of
principal based on its current position, beginning later Q2-2014, should the
limit not be increased due to an acquisition.

“This renewal further demonstrates our co-operative relationship with the
Canadian bank. We have in place a facility to support planned corporate
initiatives to both increase the efficiency of our NE BC operations and
potentially enhance our core reserve base,” Robert L. Hodgkinson, Dejour’s CEO
commented.

About Dejour

Dejour Energy Inc. is an independent oil and natural gas exploration and
production company operating projects covering over 80,000 net acres in NW
Colorado’s Piceance Basin and 7,000 net acres in NE BC’s Peace River Arch
region. The Dejour 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.

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

                Follow Dejour Energy’s latest developments on:
     Facebook http://facebook.com/dejourenergy and Twitter @dejourenergyp

Contact:

Dejour Energy Inc.
Robert L. Hodgkinson, 604.638.5050
Co-Chairman & CEO
investor@dejour.com
or
Investor Relations – New York
Craig Allison, 914.882.0960
callison@dejour.com
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