1. NYSE MKT: DEJ TSX: DEJ Q4 2014 Updated 02.16.2015 First Location in Kokopelli Field Production at Kokopelli Corporate Presentation Q4 2014 Updated 02.16.2015 Kokopelli Project Pad 21B

2. NYSE MKT: DEJ TSX: DEJ Page 2 Disclosure Statement Statements Regarding Forward-Looking Information: This presentation 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. Non-GAAP Measures: This presentation contains references to non-GAAP measures as follows: EBITDA is a non-GAAP measure defined as net income (loss) before income tax expense, interest expense and finance fee, and amortization, depletion and accretion. Certain measures in this document do not have any standardized meaning as prescribed by Canadian GAAP such as EBITDA therefore are considered non-GAAP measures. These measures may not be comparable to similar measures presented by other issuers. These measures have been described and presented in this document in order to provide shareholders and potential investors with additional information regarding our liquidity and our ability to generate funds to finance our operations. 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. Q4 2014 Updated 02.16.2015

3. NYSE MKT: DEJ TSX: DEJ Page 3 2013 Foundation Production Commences at Kokopelli Secured $6.5mm from Drill Fund to support the drilling & completion of 4 Williams Fork Wells Established PDP reserves and held land – held by production Defines type curve of WF production at 1.25BCFe incl. 150k barrels NGL/oil 2014 Secondary Development Drives North American Projects Closed $20M JV at Kokopelli to drill additional 7 WF, 1 Mancos and 1 PWD well/ retire all US debt Dejour retains a 25% WI. New Mancos discovery at 11,000-13000’. Logs indicate strong presence of gas YE 2014 2P Reserves – Kokopelli US$ 47.5mm Announced significant resource potential at Roan Creek Acquisitions: Woodrush bolt on Hunter Project including wells, infrastructure and processing facilities Woodrush additional WI, now 99%WI Drilled one oil well and one Gething gas well YE Total Reserves post sale: NPV-10 C$65mm avg. 2015 Building Production Expect 26 producing wells: 4 oil wells and 9 gas wells at Woodrush/Hunter with production over 700 BOE/d 11 liquids rich WF wells at Kokopelli plus A successful Mancos test to validate reserve additions Potential for 220 Williams Fork locations and 40 Mancos well sites at Kokopelli 2.6% WI in Wiley project JV commences production – 3 additional locations proposed – 24,000 gross acres Enter 2015 with Cdn. $65mm in 2P reserves at Kokopelli and Woodrush Production profile forecast:1200+ BOE/d (26 wells) with Kokopelli completions in Q3 Milestones and Development Summary Q4 2014 Updated 02.16.2015

4. NYSE MKT: DEJ TSX: DEJ Page 4 Property Portfolio Located in North America’s Piceance Basin (45,425 net acres), and Peace River Arch Regions (19,000 net acres) Q4 2014 Updated 02.16.2015

5. NYSE MKT: DEJ TSX: DEJ Page 5 Woodrush: NE BC - Growth Driven By Acquisitions & Drilling As of Q3-2014:  ~19,000 net acres  99% WI in 4 light oil wells/ 9 gas wells  2 additional gas wells for Q1 2015  Current net 2P reserves valued at $5.8mm  Net production of 700 BOEPD (1/26/15) estimated  Additional development leveraging $13mm in place infrastructure including:  Halfway pool optimization  Notekewin gas addition  Gething gas expansion  Tie in to adjacent 2P reserve opportunities  Project Overview *Year End 2014 Reserve Evaluations in accordance with Canada’s National Instrument 51-101* Standards of Disclosure Q4 2014 Updated 02.16.2015

6. NYSE MKT: DEJ TSX: DEJ Kokopelli: 12 Well Production Base with Mancos Upside Page 6  Liquids-rich, high BTU gas  25% WI in 2200 acres  Potential for 220 Williams Fork drillable well locations, including 139 PUD’s  $20 mm JV closed on June 30, 2014 for project funding.  2014 program of 7 Williams Fork wells plus 1 high pressure Mancos drilled and cased  Completion and tie in expected in Q3 2015  2015 Production Profile  Estimate 500 BOE/d net production to DEJ in Q3 2015 from current 8 well program  Net 2P reserves valued at C $57.5mm from Williams Fork  Important enhancement from deeper Mancos  2015 CAPEX Program  Additional Mancos Well *Year End 2014 Reserve Evaluations in accordance with Canada’s National Instrument 51-101* Standards of Disclosure Piceance Basin, Western Colorado Q4 2014 Updated 02.16.2015

7. NYSE MKT: DEJ TSX: DEJ Roan Creek: West Piceance Hi-Pressure Niobrara Gas  Position  1960 net acres, 100% WI  Prospectivity  Targeting 6-8 high pressure Mancos/ Niobrara 8200’ vertical / Hz wells.  Independent contingent/ prospective estimate of 67.5 BCF recoverable* * Gustavson July 2014 report  Proximity  Chevron WF production to the north  OXY WF production to the east.  Encana Niobrara production to the west (Hz wells ~6BCFe/well)  Black Hills production to the SW  Plan  EA submitted, APD to drill in 2015. Page 7 Q4 2014 Updated 02.16.2015

8. NYSE MKT: DEJ TSX: DEJ Other Active Dejour Colorado Leaseholds  Pinyon Ridge Project  2.60% carried WI to this point  Endeavour Corp created Wiley unit on 23,000 acres including DEJ Pinyon Ridge interest. Target is Niobrara oil.  DEJ carried for $500k in operations.  16,200’ Hz test to the Niobrara tested 800 B)/d and 1.3mmcf/d  Production Anticipated in H1 2015  Plateau Prospect  100% WI in 3000 acres prospective for WF and Mancos gas  1260 acres unitized with Encana  1740 acres working on a new unit  Two years until expiry  Offsets Piceance Energy and OXY production base  adjacent to 3 high volume vertical Mancos wells X Page 8 Q4 2014 Updated 02.16.2015

9. NYSE MKT: DEJ TSX: DEJ North Rangely: Wildcat Oil Shale Resource Page 9  Prospectivity  12,000+ acres, 100% WI  Contingent/ Prospective Resource analysis underway.  High risk potential for significant quantities of oil recoverable from the Phosphoria Shale, the source of the 1BO recovered to date from the Rangely Oil Field, 10 miles to the south.  Historical well data from the 50’s to 70’s show the tight Phosphoria is oil stained 10’-150’, with small production documented, TOC to 15%.  Plan is for a 3D seismic program to establish drill target for a Hz test to 9400’  Serendipity  Multi-zonal alternatives indicated in the Morrison, Dakota, Niobrara, Weber Q4 2014 02.16.2015

10. NYSE MKT: DEJ TSX: DEJ Financial Performance  2014 Highlights - Year to Date  7% Increase in Average Annual Production to 496 BOEPD  10% Increase in Revenue to $7.6 mm  Positive Operating Cash Flow of $252,000  Closed $20mm Kokopelli JV  Retired all U.S. secured debt ($3.5mm)  Catalysts for 2015 Performance  Production ramp at Kokopelli- 25%WI in 8 new wells with completion in Q3 2015 (seven Williams Fork and one Mancos)  Significant improvement for NGL Contract at Kokopelli (4/1/14) increases netbacks per BOE  90% reduction in Dejour USA G&A expense by mid 2015  Hunter Acquisition (3/26/14) + Acquisition of 24% WI of Woodrush (Effective June 1, 2014) + successful Q4 2 well drill program boost production base of Canadian operations to 700BOE/d + 2 additional gas wells for Q1 2015  Targeting 1200+ BOE/D by Q3 2015 from existing wells  Balance sheet significantly improved / US debt eliminated Page 10 *Year End 2013 Reserve Evaluations in accordance with Canada’s National Instrument 51-101* Standards of Disclosure Q4 2014 02.16.2015

11. NYSE MKT: DEJ TSX: DEJ Corporate Snapshot Page 11 Trading Exchanges: NYSE MKT /// TSX: DEJ Liquidity:0.700 mm shares/day (3 month combined average) Shares O/S:180 mm basic / 215 mm fully diluted Market Cap:US$ 36 mm Corporate debt: C$2.0 mm facility Analyst Reports:SeeThruEquity: Revised Target: US $0.66 Zacks:Revised Target: US $0.51 Casimir Capital: Initial Target: US $0.50  Key Colorado exploitation leases host over 400 drill locations, with ~ 7,500 net acres productive in multiple reservoirs adjacent to major oil and gas producers, drilling active  Proven producing, undeveloped and probable reserves (independently engineered) indicate substantial resource upside with a successful Mancos test at Kokopelli, Roan Creek or Plateau  Two-pronged growth profile for the Piceance assets: a) Develop NGL rich Williams Fork to provide sustainable returns and solid cash flow to finance future drilling leverage, and b) Test and produce the high deliverability resource potential from Mancos/Niobrara, the new focus for “significant value upside” in the Piceance Basin  Exploit NE BC lands production improvement via 2015 acquisition plan  De-risk the high potential Phosphoria resource project (12,000+ acres) with planned 3D seismic Value Proposition Q4 2014 02.16.2015

12. NYSE MKT: DEJ TSX: DEJ Contact Information Robert L. Hodgkinson Chairman & CEO Vancouver, BC Canada 1-604-638-5055 rhodgkinson@dejour.com Page 12 David Matheson CFO Vancouver, BC, Canada 1-604-638-5054 dmatheson@dejour.com Craig Allison Investor Relations NYC, New York 1-866-888-8230 callison@dejour.com http://www.facebook.com/DejourEnergy @dejourenergy Follow Dejour Q4 2014 02.16.2015