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: #Kansas
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 […]
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 […]
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 […]
Report: Jericho Oil – Taking advantage of the low oil price to build a mid-tier producer
A very wise man once said that you need to buy stocks (and assets) when blood is running in the streets, and this adage might very well be true. Enter […]
Jericho Oil raises C$6.9M to fund its new acquisitions
Jericho Oil (JCO.V) has raised C$6.93M in a private placement priced at C$0.40 per unit. Each unit consists of one common share of Jericho as well as ½ of a […]