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 […]
Tag: #Oil
88 Energy receives all drill approvals and gears up for the most important hole in the company’s history
88 Energy (ASX:88E, 88E.L) has now received the Permit to Drill from the Alaska Oil and Gas Conservation Commission. Whilst we had no doubt this permit would indeed be granted […]
Report: 88 Energy – Go big or go home. An excellent risk/reward oil opportunity in Alaska
Every once in a while we come across companies where the risk/reward ratio is incredibly appealing, and we feel 88 Energy (88E) is one of those stories. The company is […]
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 […]
