Elysee Development (ELC.V) reported its financial results for the first nine months of its financial year (which ends in November). The company has earned a total of C$358,000 in those […]
Tag: #Oklahoma
Jericho Oil starts STACK’ing – a major step forward
Jericho Oil (JCO.V) has announced an agreement which allows it to acquire ‘just under’ a 1/3rd of a 9,400 acre land package in the Anadarko Basin STACK zone in Oklahoma. […]
Jericho Oil raises C$5.7M from cornerstone investors
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 […]
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 […]
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 […]
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 […]
