News Releases

Jericho Oil Elects to Participate in Multiple STACK Wells
September 13, 2018

Company Continues Delineating with Strong Well Results, Validating Strength of STACK Position  TULSA, OK, and VANCOUVER, BC, September 13, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that its Oklahoma STACK Joint Venture (“STACK JV”) 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 prolific nature of the STACK…

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Jericho Oil Extends Revolving Credit Facility Maturity and Reaffirms Borrowing Base and Announces Intention to Conduct Normal Course Issuer Bid
August 28, 2018

Vancouver, BC, August 28, 2018 – Jericho Oil Corporation (TSX-V:JCO) (OTC PINK:JROOF) (“Jericho” or the “Company“) announces that the lender under its Senior Secured Revolving Credit Facility (the “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 quality and growth of our asset base,” said Brian Williamson, CEO of Jericho Oil.  “We continue to reap the benefits…

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Jericho Oil Commences Drilling of Third STACK Well, Second in STACK’s Osage Formation
August 22, 2018

After First Successful Osage Formation Test Well, Jericho Continues Drilling Momentum Positive Results Spurring Increased Activity from Surrounding Operators in Major County    TULSA, OK, and VANCOUVER, BC, August 22, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that its Oklahoma STACK Joint Venture (“STACK JV”) 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 16,000 net STACK acres.  This will be Jericho’s third well drilled in the STACK Play in 2018 and second in the Osage formation. This…

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Jericho Oil Announces STACK Well Results Targeting Osage Formation
July 25, 2018

Successful Osage Formation Test Well Pushes northern STACK Boundary TULSA, OK, and VANCOUVER, BC, July 25, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that its Oklahoma STACK Joint Venture (“STACK JV”) 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 further delineate and develop the STACK JV’s nearly 16,000 net acre position in the northern STACK. The Swordspear 23-10-15 1H…

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Jericho Oil Announces Results of Annual General Meeting
June 28, 2018

TULSA, OK, and VANCOUVER, BC, June 28, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) is pleased to report the results of its Annual General Meeting of Shareholders (the “AGM”) 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 (≥99.91% For) to elect incumbent directors Brian Williamson, Allen Wilson, Nicholas Baxter and Markus Seywerd. Additionally, all other proposed resolutions were overwhelmingly approved by shareholders (≥99.88% For), including the appointment of the auditors for the ensuing financial year as well as the ratification…

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Jericho’s Geology Team Digs Into The North STACK Play of Oklahoma
June 27, 2018

TULSA, OK, and VANCOUVER, BC, June 27, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) 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 “STACK” (Sooner Trend Oil Field Anadarko Basin Canadian and Kingfisher Counties).  With five years of growing horizontal drilling and the current lift in oil prices,…

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Jericho Oil Announces STACK JV Drilling and Acquisition Update
May 30, 2018

TULSA, OK, and VANCOUVER, BC, May 30, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) is pleased to provide an update regarding its ongoing participation in its joint venture in the Anadarko Basin of Oklahoma (“STACK JV”). 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 Wardroom Well (Meramec), on the STACK JV’s western flank, has had positive results and continues to perform in line with its proposed type curve, with the most recent…

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Jericho Oil Publishes Annual Letter to Shareholders / Company to Present at 8th Annual LD Micro Invitational
May 14, 2018

TULSA, OK, and VANCOUVER, BC, May 10, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has published its Annual Letter to Shareholders from CEO, Brian Williamson, on the Company’s website at https://jerichooil.com/uploads/2018/05/2017-annual-letter-to-shareholders_final-002.pdf. The Company also announces that Mr. Williamson will be presenting at 8th Annual LD Micro Invitational on Tuesday, June 5 at 2 pm Pacific Time at the Luxe Sunset Boulevard Hotel in Bel Air, California. About Jericho Oil Corporation Jericho Oil (www.jerichooil.com) is focused on domestic, liquids-rich unconventional resource plays, located primarily in the Anadarko basin STACK play of Oklahoma.  Jericho’s primary business…

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Jericho Oil Retains Market Maker, Appoints Benjamin Holman as Interim CFO
April 23, 2018

TULSA, OK, and VANCOUVER, BC, April 23, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has retained Toronto based Trapeze Capital Corp. to provide market-making services in accordance with TSX Venture policies. Under the terms of the agreement (the “Agreement”), Trapeze will receive cash compensation of $5,500 per month. Trapeze does not currently own any securities of Jericho, however, Trapeze and its clients may acquire a direct interest in the securities of Jericho. Jericho and Trapeze are unrelated and unaffiliated entities, and the principals of Trapeze are Herb Abramson, Randall Abramson and Adam Abramson. Trapeze is a member of the Investment…

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Jericho Oil Receives C$500K From Warrant Exercise
April 12, 2018

TULSA, OK, and VANCOUVER, BC, April 12, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that all outstanding common share purchase warrants (the “Warrants”) expiring on April 13, 2018 have been exercised. A total of 827,900 warrants were exercised at $0.60 per share for proceeds to the Company of $496,740. About Jericho Oil Corporation Jericho Oil (www.jerichooil.com) is focused on domestic, liquids-rich unconventional resource plays, located primarily in the Anadarko basin STACK play of Oklahoma.  Jericho’s primary business objective is driving long-term shareholder value through the growth of oil and gas production, cash flow and reserves.  Jericho…

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