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. […]
Tag: #JerichoOil
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 […]
Interview with Guido Cloetens, Executive Chairman of Elysee Development
As Elysee Development Corp (ELC.V) has released its financial results for the first half of this year, we thought it was a good opportunity to catch up with Guido Cloetens, […]
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 […]
Jericho will boost the oil production at its own assets
Jericho Oil (JCO.V) has presented its organic growth plan to the market, which will aim to maximize the production rate and cash flows from the 75,000 acres in Oklahoma it […]
Interview with Guido Cloetens, Chairman of Elysee Development Corp.
Another quarter, another excellent result from Elysee Development Corp (ELC.V), as the company’s net income in the first three quarters of the current financial year increased to almost 26 […]
Jericho Oil puts its new line of credit to good use
Jericho Oil (JCO.V) has acquired Oklahoma-based assets from Enervest in what seems to be a relatively cheap acquisition. Jericho’s 50% owned subsidiary, Eagle Road Oil, has purchased a 91% average […]