News Releases

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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Jericho Oil to Present at the 10th Annual LD Micro Main Event in Los Angeles, CA.
November 21, 2017

LOS ANGELES, CA / ACCESSWIRE / November 21, 2017 / Jericho Oil Corporation (TSX-V: JCO; OTC PINK: JROOF), a growth-oriented oil and gas company focused in Oklahoma, announces that Brian Williamson, CEO, will be presenting at the 10th annual LD Micro Main Event on Wednesday, December 6 at 3:30 pm Pacific Time at the Luxe Sunset Boulevard Hotel in Los Angeles, CA. Jericho Oil management will also be available for one-on-one meetings with investors throughout the conference and interested parties should contact LD Micro or investorrelations@jerichooil.com. The LD Micro Main Event is the largest independent conference for small/micro-cap companies and will feature…

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Jericho Oil STACK JV Acquires Additional Acreage
November 2, 2017

TULSA, OK, and VANCOUVER, BC, November 2, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that its STACK Joint Venture (“STACK JV”) has closed the acquisition of an additional 76 acres (100% held-by-production) in the oil window of the Anadarko Basin STACK play in Oklahoma contiguous to its current position. Jericho owns approximately 11% interest in the STACK JV, with its Joint Venture Partner (“JVP”) owning the remainder. Jericho has the option to acquire up to 31% interest in the STACK JV upon fully exercising its option for US$6 Million. Jericho continues to diligence additional opportunistic STACK…

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Jericho Oil Completes Acquisition of Working Interest in Producing Central Oklahoma Assets
October 5, 2017

TULSA, OK, and VANCOUVER, BC, October 5, 2017 – Further to its news release dated Aug. 2, 2017, Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has completed the acquisition of an additional 25% working interest (“WI”) in a producing oil and gas asset package in Central Oklahoma from its Private Family Partner (“PFP”) for US$3.5 million. Jericho purchased an initial 25% WI in the asset package at year-end 2015, with its PFP acquiring 75% WI. Jericho now holds 50% ownership across all assets (excluding its recent STACK acquisition) acquired in 2015 and 2016. Jericho has also granted…

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Jericho Oil Completes Acquisition of Anadarko Basin STACK Play Acreage, Closes Oversubscribed $10.6 Million Private Placement
September 6, 2017

TULSA, OK, and VANCOUVER, BC, September 6, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces, with its Private Family Partner, that it has closed the acquisition of approximately 9,400 net surface acres in the oil window of the Anadarko Basin STACK play in Oklahoma.  Concurrently, the Company announces that it has closed an oversubscribed non-brokered private placement of C$10,576,107 (the “Offering”) consisting of 22,033,567 units (“Units”) at a price of C$0.48 per Unit. 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…

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Jericho Oil to Raise $10 Million in Equity Financing for Oklahoma STACK Acquisition
August 23, 2017

TULSA, OK, and VANCOUVER, BC, August 23, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it intends to raise approximately C$10 Million through a non-brokered private placement (the “Offering”) of approximately 20,833,333 units (“Units”) at a price of C$0.48 per Unit. 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 $0.60 per Share for a period of 36 months from closing. Proceeds from the Offering, which is being led by existing shareholders, will be used primarily…

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Jericho Oil Announces Entry into Anadarko Basin STACK Play
August 22, 2017

TULSA, OK, and VANCOUVER, BC, August 22, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) has entered into an agreement to acquire an interest in 9,400 net surface acres in the oil window of the Anadarko Basin STACK play in Oklahoma.  This transaction provides Jericho the option to invest up to USD$9 million in acquisition and development capital to acquire just under one-third of the joint venture that will own the assets. The transaction is subject to customary closing conditions and is expected to close in third quarter 2017. The 9,400 net surface acres (approx. 85% Operated) being…

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Jericho Oil Closes First Tranche of $5.66 Million Financing
August 14, 2017

TULSA, OK, and VANCOUVER, BC, August 14, 2017 – Further to its news release dated Aug. 2, 2017, Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) has closed the first tranche of a non-brokered private placement (the “Offering”) of 10,482180 units (“Units”) at a price of C$0.45 per unit for gross proceeds of $4,716,981. 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 $0.60 per Share for a period of 36 months from closing. No finders’ fees or commissions were…

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Jericho Oil to Raise $5,660,377 in Equity Financing for Oklahoma Acquisition
August 2, 2017

TULSA, OK, and VANCOUVER, BC, August 2, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it plans to raise $5,660,377 through a non-brokered private placement (the “Offering”) of 12,578,616 units (“Units”) at a price of C$0.45 per Unit. 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 $0.60 per Share for a period of 36 months from closing. Proceeds from the Offering will be used to acquire an additional 25% working interest (“WI”) in a producing…

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