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 […]
Tag: #Oil
88 Energy starts a six week shut-in at Icewine
88 Energy’s (88E.L, ASX:88E) share price nosedived last night in Australia and today in London after the company announced it would go ahead with a six week shut-in at the […]
88 Energy confuses the market
If there’s one thing you can’t blame 88 Energy (ASX:88E, 88E.L) for, it’s publishing exploration updates on a regular basis. The company realises every single investors is looking forward to […]
Report: Jericho Oil – More oil, a higher PV10 and an expanded line of credit
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 […]
Africa Oil discovers more oil in Kenya
Africa Oil (AOI.TO) confirmed last month it has encountered 75 meters of net oil pay in two zones of the Emekuya 1 well in the 13T Block in Northern Kenya. […]
88 Energy demobilizes Arctic Fox – the wait is almost over
88 Energy (ASX:88E, 88E.L) is doing a good job in keeping its shareholders up-to-date on its progress in Alaska where it’s drilling a new well to test the flow rates […]
88 Energy’s Icewine #2 well is going according to plan
88 Energy (88E.L, ASX:88E) has started to drill the second Icewine well on April 24th, and has now reached a depth of approximately 3,000 feet on April 27th already. The […]
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 […]
