Jericho Oil (JCO.V) has finally decided to bite the bullet and will complete a 12.6M unit placement at C$0.45 to raise C$5.66M (before expenses). Each unit will consist of one […]
Tag: #JCO
Report: Jericho Oil – More oil, a higher PV10 and an expanded line of credit
Jericho Oil (JCO.V) is still working towards becoming a mid-tier oil producer in the United States. Whilst the company is very likely still pursuing an acquisition, it’s also developing its […]
Jericho Oil is trading 29% below its PV10 NAV
It took the company a bit longer than we expected, but Jericho Oil (JCO.V) has now finally released an updated reserve report on its American activities. To make our life […]
Granite Oil reported excellent reserve results – waiting for Jericho’s updated reserves
Last month, Granite Oil (GXO.TO) provided an updated reserve estimate, and it was great to see the company was able to add 190% of its production level back to the […]
Report: Jericho Oil – Cashed-up Jericho is mulling its options to increase production
The oil price is recovering, but that’s Jericho Oil’s (JCO.V) worst enemy. As the company is employing a ‘growth through acquisition’ strategy, a longer period of low oil prices […]
Jericho Oil gets a major thumbs up from East West Bancorp
Jericho Oil (JCO.V) has surprised the markets this week, as right when most oil and gas companies see their banks cutting their credit lines, Jericho was able to announce its […]
Report: Jericho Oil – Paying pennies on the dollar for producing assets
We wanted to gain some exposure to the oil markets earlier this year (and actually already late last year), and after several discussions with CEO Allen Wilson and Director Corporate […]
Jericho sees its PV10 value fourfold, despite the lower oil price
Jericho Oil (JCO.V) has now released the updated reserve report for its properties in Kansas and Oklahoma. We were really looking forward to this update as this was the real […]
