Jericho Oil Corp. announces through its Oklahoma STACK Joint Venture , that it has brought online a second high-rate single-mile lateral Meramec oil well within its contiguous Blaine County acreage position. The Valkyrie 19-12-06 1H well is located within the STACK JV’s approximately 16,000 net acre position of the normally-pressured oil window of the STACK play. The Valkyrie achieved a peak 24-hour rate of 725 [...]
Best-in-Class Well Productivity and Low Decline Rate Further Validates Company's Northern STACK Acreage Jericho Oil Corp. is pleased to provide an update regarding its ongoing participation in its Oklahoma STACK Joint Venture . The Swordspear 15-23N-10W #1H, the STACK JV’s first Osage formation well, has now been on production, since running an electrical submersible pump , for 160 days and has produced, on average [...]
Company Continues STACK Drilling Program Jericho Oil Corp. is pleased to provide an update regarding its ongoing participation in its Oklahoma STACK Joint Venture . The Company’s 2018 development plan within the STACK continues to focus on the delineation and de-risking of its acreage position for the Meramec and Osage formations. Currently, the STACK JV now has an interest in four Osage formation wells and two [...]
Jericho Oil Corp. is pleased to provide an update regarding its ongoing participation in its Oklahoma STACK Joint Venture . The Company’s 2018 development plan within the STACK continues to focus on the delineation and de-risking of its acreage position for the Meramec and Osage formations. Currently, the STACK JV now has an interest in four Osage formation wells and two Meramec formation wells. An update is [...]
Jericho Oil Corp. announces that its Oklahoma STACK Joint Venture has elected to participate in its second Meramec formation well, the Valkyrie 6-19N-12W #1H, within its Blaine County STACK acreage position. In addition to the Valkyrie, the STACK JV has also elected to participate in two additional Osage formation wells to be drilled by Exxon Mobil’s subsidiary XTO Energy and Alta Mesa Resources in Major County. The [...]
Jericho Oil Corp. announces that the lender under its Senior Secured Revolving Credit Facility has amended and extended the maturity date of the Facility to July 29, 2020. In addition, the borrowing base was reaffirmed at USD$7,500,000. The borrowing base is subject to semi-annual re-determinations, with the next occurring in October 2018. “We are pleased with the support of our lending bank which reflects the high [...]
After First Successful Osage Formation Test Well, Jericho Continues Drilling Momentum Positive Results Spurring Increased Activity from Surrounding Operators in Major County Jericho Oil Corp. announces that its Oklahoma STACK Joint Venture will commence this week with the drilling of its second Osage formation well, the Trebuchet 21-23N-10W #1H, within its northern STACK acreage position further delineating the nearly [...]
TULSA, Okla. and VANCOUVER, British Columbia, July 25, 2018 -- Jericho Oil Corp. announces that its Oklahoma STACK Joint Venture has brought online a successful test well of the Osage formation within its northern STACK acreage position. After more than six months of extensive geological and geophysical work, along with methodical acreage accumulation, and a strategic Osage formation test well, the Company is excited to [...]
TULSA, Okla. and VANCOUVER, British Columbia, June 28, 2018 -- Jericho Oil Corp. is pleased to report the results of its Annual General Meeting of Shareholders held on June 27, 2018. At the AGM, shareholders in person or by proxy representing 82.03% of the outstanding common shares of the Company, voted to elect incumbent directors Brian Williamson, Allen Wilson, Nicholas Baxter and Markus Seywerd. Additionally, all other [...]
TULSA, Okla. and VANCOUVER, British Columbia, June 27, 2018 -- Jericho Oil Corp. is releasing the first part in a planned series of analytical reviews of the North STACK by Shane Matson and Ron Haveman, lead Geologists for Jericho. Oklahoma’s STACK Play in the Anadarko Super Basin, is a massive oil and gas play due to its lateral expanse and vertical extent being centered on the Sooner Trend Giant Oil Field, the [...]
LOS ANGELES, CA / ACCESSWIRE / May 31, 2018 / Jericho Oil Corp. , a growth E&P company focused on domestic, liquids-rich unconventional resource plays, located primarily in the Anadarko basin STACK play of Oklahoma, today announced that it will be presenting at the 8th annual LD Micro Invitational on Tuesday, June 5 at 2 PM PST / 5 PM EST. Brian Williamson, CEO, will be giving the presentation and meeting with investors [...]
TULSA, Okla. and VANCOUVER, British Columbia, May 30, 2018 -- Jericho Oil Corp. is pleased to provide an update regarding its ongoing participation in its joint venture in the Anadarko Basin of Oklahoma . Jericho, through participation in the STACK JV, strategically participated in the drilling & completion of the two primary stacked formations present in the Anadarko STACK Play: the Meramec Shale and Lower Osage. The [...]
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