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TheStreet Open House

David Matheson Appointed CFO, Dejour Energy Inc.

Stocks in this article: DEJ

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, is pleased to announce that David Matheson has joined the Company as CFO, effective February 1, 2013.

Mr. Matheson possesses an extensive 30-year oil and gas executive background with an emphasis on both management and finance. He previously served as CFO and then as President of Equatorial Energy Ltd., a public Canadian oil and gas exploration & production company. Equatorial developed from a “start-up” to a TSX listed company with a market capitalization in excess of $400 million and was later sold to Resolute Energy of Calgary, Canada. In addition, Mr. Matheson was the founder, President and CEO of Java Petroleum Corporation, a private E&P company with operations exclusively in the Western Canadian Sedimentary Basin. Java was subsequently acquired by TSX listed Southern Pacific Resources Ltd.

Mr. Matheson graduated from the University of British Columbia and was admitted to the Institutes of Chartered Accountants in British Columbia, the Northwest Territories, and Canada in 1975.

Mr. Matheson replaces Mr. Mathew Wong, who is pursuing other career goals, having done an exceptional job as CFO of Dejour since its ‘start-up’ reactivation in late 2004.

“We are very pleased to retain David Matheson as Dejour’s CFO at this pivotal time in the Company’s development. He brings a wealth of knowledge, industry experience, communication skills and contacts to the Company. We have enjoyed significant business successes together in the past. With the commencement of U.S. production and the further advancement of other core projects, David will be integral in building the capital base to realize full value of the Company’s expanding property portfolio. Of note, I personally thank Mathew Wong for his dedicated service as an important part of the Dejour team and wish him every success going forward,” says Robert Hodgkinson, Dejour Co-Chairman & CEO.

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