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 […]
Tag: #Jericho
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 […]
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 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 […]
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 […]
