News Releases

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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Jericho Oil Grants Incentive Stock Options
July 5, 2017

VANCOUVER, BC, July 5, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has granted a total of 1,600,000 incentive stock options (the “Options”) to directors, officers, employees and consultants of the Company. This grant includes 650,000 Options previously announced by Jericho on June 9, 2017, but which were officially granted on July 4, 2017. All of the Options are exercisable at a price of $0.50 per share for a period of 5 years and have been granted under and are governed by the terms of the Company’s incentive stock option plan. About Jericho Oil Corporation…

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Jericho Oil Launches Company Spotlight from Visual Capitalist
June 20, 2017

Jericho Oil Corporation is pleased to have teamed up with Visual Capitalist in a new marketing campaign to help grow its overall online presence using modern media such as the new Jericho Oil Inforgraph that can be found on our website by clicking here or by clicking on the picture below. Visual Capitalist is a digital media market leader in creating context and content that covers high-growth opportunities and industries while generating and curating enriched visual content focused on the global economy, emerging trends in business and investing. Jericho’s Infograph can also be found on the VisualCapitalist.com website by clicking here….

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Jericho Oil Publishes Annual Letter to Shareholders
June 12, 2017

TULSA, OK and VANCOUVER, BC, June 9, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF) announces that it has published its Annual Letter to Shareholders on the Company’s website at https://jerichooil.dev/wp-content/uploads/bsk-pdf-manager/2016AnnualLettertoShareholders_FINAL_20.pdf Jericho also reports that at its Annual General Meeting of Shareholders held on May 24, 2017, shareholders in person or by proxy representing 65.44% of the outstanding common shares of the Company, voted overwhelmingly (+99.9% For) to elect incumbent directors Allen Wilson, Nicholas Baxter, Gerald Tuskey and Markus Seywerd, as well as to elect Brian Williamson as a new director. Mr. Williamson is President (Jericho Oklahoma). Further,…

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Jericho Oil Reports December 31, 2016 Reserves – Company Increases 2P Reserves by 147%
May 4, 2017

VANCOUVER, BC and TULSA, OK, May 4, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC: JROOF), announces the results of its 2016 year-end reserves evaluation of its Kansas and Oklahoma properties as prepared by Cawley, Gillespie & Associates, Inc. (“CGA”), the Company’s independent reserves evaluator.  The evaluation was prepared in accordance with the standards contained in the Canadian Oil and Gas Evaluation Handbook (“COGE Handbook”) and National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities (“NI 51-101”). Highlights of the Reserve Report (all dollar amounts in $USD):  Jericho for the year ending December 31, 2016 achieved significant reserve…

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Jericho Oil Announces 20% Increase in Borrowing Base
April 25, 2017

TULSA, OK and VANCOUVER, BC, April 25, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC PINK: JROOF), today announced that the borrowing base under its joint Senior Secured Revolving Credit Facility (the “Facility”) was increased to USD$12 million following East West Bancorp, Inc.’s (“East West”) regularly scheduled semi-annual redetermination process.  There were no other material changes to the terms of the credit facility resulting from this borrowing base redetermination. Jericho, in conjunction with its private family partner, entered into a $30 million credit facility with East West in July 2016. The Facility bears interest at a rate of WSJ Prime…

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Jericho Oil to Present at the Planet MicroCap Showcase 2017
April 11, 2017

TULSA, OK and VANCOUVER, BC / ACCESSWIRE / April 11, 2017 / Jericho Oil Corporation (TSX-V: JCO; OTC: JROOF), a growth-oriented oil and gas company focused in Oklahoma, announced today that it will be presenting at the inaugural Planet MicroCap Showcase being held on April 26-28, 2017 at the Planet Hollywood Resort & Casino in Las Vegas, NV. The company will be presenting at 11 AM PDT on April 27, 2017. Brian Williamson, President (Jericho Oklahoma) will be presenting, as well as meeting with investors. Management will also be available for one-on-one meetings at the conference. To schedule a time, contact Robert…

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Jericho Oil to Attend NAPE Summit in Houston Feb. 15-17
February 10, 2017

TULSA, OK and VANCOUVER, BC, Feb. 10, 2017 – Jericho Oil Corporation (“Jericho”) (TSX-V: JCO; OTC: JROOF), a growth-oriented, upstream oil and gas company, will be attending the NAPE Summit 2017, held Feb. 15-17, 2017 at the George R. Brown Convention Center in Houston, TX. The annual NAPE Summit is a networking event that brings together all the players necessary to forge, facilitate and close deals. In the upstream oil and gas business, it is the largest and most successful event of its kind in the world. This massive three-day event offers prospects, producers and purchasers a unique chance to connect,…

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