Jericho Oil (JCO.V) received good news from its lender, East West Bancorp, as it confirmed the company’s borrowing base at US$7.5M until the new maturity date of the credit facility […]
Tag: #Jericho
Jericho Oil’s new well produces 500 barrels of oil-equivalent per day
Jericho Oil (JCO.V) has released a production update on its ongoing development program in the STACK acreage in Oklahoma. The company’s Swordspear well is currently producing at an average rate […]
Jericho’s first STACK well produces 24,000 barrels of oil in 60 days – and the market shrugs it off
Jericho Oil (JCO.V) has a nice surprise for us last week, as the company announced an update on its STACK drill program in Oklahoma. The Wardroom well, which was drilled […]
Jericho’s first STACK well strikes it rich
Jericho Oil (JCO.V) has reported a preliminary result from the first well drilled on its Blaine county acreage, in a joint venture with the private partner and private equity backed […]
Jericho: now drilling for oil
The Jericho Oil (JCO.V) management team has been very busy in the past few months as it completed a series of strategic transactions to A) raise more money and B) […]
Jericho Oil raises C$7M through warrant exercises and a placement
Jericho Oil (JCO.V) is perhaps one of the best-backed oil companies on the TSX Venture Exchange as not only was it able to count on the Breen family to ‘get […]
Jericho Oil starts STACK’ing – a major step forward
Jericho Oil (JCO.V) has announced an agreement which allows it to acquire ‘just under’ a 1/3rd of a 9,400 acre land package in the Anadarko Basin STACK zone in Oklahoma. […]
Jericho Oil raises C$5.7M from cornerstone investors
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 […]