Jericho Oil (JCO.V) has released an extensive production and exploration update on its STACK JV operations in Oklahoma where two wells have been completed an no less than 4 (!) […]
Tag: #Oil
Jericho Oil extends credit facility and initiates NCIB
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 […]
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 […]
Gen III Oil appoints Mark Redcliffe as EVP Corporate Finance
Gen III Oil (GIII.V) is showing the market it’s serious about securing funding for its Bowden oil re-refinery in Alberta with the most recent addition to the management team. GIII […]
Amerisur releases a disappointing oil reserve update in Colombia
In what could definitely be described as a surprising update, Amerisur Resources (AMER.L) confessed its total oil reserves actually decreased compared to the previous year. Whilst companies are usually able […]
Report: Gen III Oil – A cash flow monster in the making? From used motor oil to high-end lubricants.
Sometimes you come across stories that sound ‘too good to be true’. But when a patented technology to convert used motor oil into useable products has been vetted, confirmed and […]
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 […]