News Releases

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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Jericho Oil Announces 957 BOE per Day STACK Well Targeting Meramec Formation
March 14, 2018

First STACK Well Exceeds Expectations  TULSA, OK, and VANCOUVER, BC, March 14, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF), further to the Company’s news release on January 16, 2018, announces through its Oklahoma STACK Joint Venture (“STACK JV”), that it has brought online a high-rate single-mile lateral Meramec oil well within its contiguous Blaine County acreage position. The Wardroom 19-13-12 1H well in SEC 12 T19N R13W is located within Jericho’s approximately 11,600 net acre position of the normally-pressured oil window of the STACK play.  The Wardroom achieved a peak 24-hour rate of 957 oil-equivalent barrels (“BOE”)…

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Jericho Oil Unaware of Any Material Change
March 8, 2018

VANCOUVER, BC, March 7, 2018 – At the request of IIROC, Jericho Oil Corporation (TSX-V: JCO; OTC PINK: JROOF) (“Jericho” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity. About Jericho Oil Corporation Jericho is a growth-oriented oil and gas company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in the Mid-Continent. For more information, please visit www.jerichooil.com. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the…

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Jericho Oil Announces Farm-In Agreement; Option Increases STACK Acreage Footprint By 30%
January 24, 2018

TULSA, OK, and VANCOUVER, BC, Jan. 24, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has entered into a farm-in agreement (“the Farm-In Agreement”), through its Oklahoma STACK Joint Venture (“STACK JV”), to participate in the drilling of between two and five horizontal wells in Major County, near the Company’s core STACK operating area, with a private operator. At the STACK JV’s option and upon the drilling and completion of two standard-lateral (4,500’) horizontal wells targeting the Osage formation, the STACK JV will earn a 50% interest in approximately 6,000 net leasehold acres.  Additional well…

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Jericho Oil Announces Acreage Swap and Operational Update – Participation in first horizontal STACK Well
January 16, 2018

TULSA, OK, and VANCOUVER, BC, Jan. 16, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has entered into an agreement, through its Oklahoma STACK Joint Venture (“STACK JV”), to swap a portion of its undeveloped acreage in Blaine and Major County with Staghorn STACK, LLC (“Staghorn”). The acreage swap will allow the Company to (i) strategically grow its acreage position in areas in or proximate to current horizontal well development; (ii)participate in the drilling of multiple strategic horizontal wells targeting the Meramec and Osage formations within the Company’s acreage footprint; (iii) continue to aggregate critical…

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Jericho Oil Exercises Option to Increase STACK Joint Venture Ownership
January 3, 2018

TULSA, OK, and VANCOUVER, BC, Jan. 3, 2018 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has fully exercised its option to increase its ownership in its Oklahoma STACK Joint Venture (“STACK JV”) to 31% for US$6 million. In September 2017, Jericho and its private Joint Venture Partner (“JVP”) closed the acquisition of approximately 9,400 net surface acres in the oil window of the Anadarko Basin STACK play in Oklahoma. At that time, Jericho exercised $3 million of its option for an initial 11% ownership, with its JVP owning the remainder.  For additional details about Jericho’s…

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Jericho Oil Closes C$2.27 Million Private Placement
January 2, 2018

TULSA, OK, and VANCOUVER, BC, Jan. 2, 2018 – Further to its news release dated Dec. 28, 2017, Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) has closed a non-brokered private placement (the “Offering”) of 3,784,946 units (“Units”) at $0.60 per unit for proceeds of $2,270,968. Each Unit is comprised of one common share (a “Share”) and one-half warrant (a “Warrant”) with each full Warrant being exercisable into one additional Share at a price of $0.90 per Share for a period of 24 months from closing. No finders’ fees or commissions were paid in connection with the Offering. Final TSX…

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Jericho Oil Receives C$4.74 Million From Warrant Exercise
December 28, 2017

TULSA, OK, and VANCOUVER, BC, Dec. 28, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) is pleased to announce that a total of 7,904,861 common share purchase warrants (the “Warrants”) have been exercised at $0.60 per common share for total proceeds to the Company of $4,742,917. Insiders of Jericho Oil exercised 4,229,861 warrants. Additionally, Jericho Oil has arranged an equity financing with three subscribers for proceeds of $2,270,968 through a non-brokered private placement (the “Offering”) of 3,784,946 units (“Units”) at a price of $0.60 per Unit. Each Unit is comprised of one common share (a “Share”) and one-half…

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