News Releases

Jericho Expands into Oklahoma Adding Acreage and Production
January 23, 2015

Company continues its growth, adds 2,050 acres in newest acquisition VANCOUVER, January 23, 2015 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, OTCQX: JROOF), a growth-oriented oil company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in North America, announced it has signed a letter of intent to acquire a 50% working interest in 2,050 acres in northeastern Oklahoma. Upon closing, Jericho will begin the build-out of its second platform, focused on developing and optimizing legacy productive basins. The acquisition will bring Jericho’s total acreage position to over 5,800 acres. Allen Wilson, CEO…

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Jericho Oil Exits 2014 with Record Monthly Production
January 16, 2015

Gross Production Exceeds 3,850 Barrels during December VANCOUVER, Jan 16, 2015 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, OTCQX: JROOF) today announced that a successful fourth quarter, 2014 drilling program on its Eastern Kansas acreage contributed to a record exit production rate averaging approximately 125 gross barrels of oil per day during December, 2014 with cumulative gross monthly production exceeding 3,850 barrels. Jericho owns a 50% working interest in the acreage. This represents an increase in production of approximately 150% since Jericho recommenced trading on the TSX Venture Exchange on March 25, 2014 and is the third straight…

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Jericho Oil Provides Q4 Operational Update
December 9, 2014

–        Jericho Continues to Successfully Execute Shallow Drill Program on Contiguous and Proximate Acreage –        Gross Production Averages over 100 BOPD during Quarter  VANCOUVER, Dec. 9, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, OTCQX: JROOF) today announced that its Phase II Development Program in Eastern Kansas is ahead of schedule, with the Company drilling 77 wells to date, 50% more than the originally scheduled drill program for Q4-2014. On Sept. 23, 2014, Jericho announced the launch of its Phase II program, the first stage of which called for 50 producer and injector wells to be drilled and…

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Jericho Oil Commences Trading in the U.S. on the OTCQX®
December 1, 2014

Jericho Oil Commences Trading in the U.S. on the OTCQX® VANCOUVER, Dec. 1, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, OTCQX: JROOF), a growth-oriented oil company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in North America, announces that its common shares will commence trading on the OTCQX® marketplace in the U.S., effective Dec. 1, 2014 under the symbol JROOF. Trading on OTCQX is designed to provide existing and future U.S. based shareholders with greater access to and ease of trading in the Company’s shares. U.S. investors can find current financial…

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Jericho Oil to Present at the 7th Annual LD Micro Conference on December 4th, 2014 in Los Angeles
November 18, 2014

VANCOUVER, Nov. 18, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, OTC Markets: JROOF), a growth-oriented oil company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in North America, announces that it will be presenting at the LD Micro VII (“Main Event”) Conference, which will be held December 2-4, 2014 at the Luxe Sunset Boulevard Hotel in Los Angeles, California. Allen Wilson, CEO of Jericho, will present on Thursday, December 4 at 10:30 a.m. PST, Track 3. Management will also be available for one-on-one meetings during the conference. Since Jericho re-listed its…

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Jericho Oil Adds 150 Additional Acres to its Core Area of Development
October 29, 2014

Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, Frankfurt: JLM) today announced it has added 150 additional acres to its core area of development in Miami County, Kansas.  The acquisition brings Jericho’s total lease acreage position to over 3,750 acres. The acquired acreage is contiguous to 320 acres Jericho continues to develop.  The results of this development are ongoing with production on this particular acreage up over 300% since acquisition in Q1 of 2014.  The recently completed $4.23m strategic financing allows Jericho to continually add scale and scope to its core operations when opportunistic leases become available. Allen Wilson, CEO…

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Jericho Oil Achieves Record Production in September 2014
October 22, 2014

VANCOUVER, October 22, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, Frankfurt: JLM) today announced that gross daily production from its Eastern Kansas oil producing acreage averaged approximately 118 barrels of oil per day in September 2014 with cumulative monthly production exceeding 3500 barrels. This represents an increase in production of approximately 130% since Jericho recommenced trading on the TSX Venture on March 25, 2014. Allen Wilson, CEO of Jericho Oil, stated, “Having drilled less than 10% of our acreage, we look forward to continuing our development efforts in the region and building on this early success in…

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Jericho Oil Completes $4.23 Million Strategic Financing with Existing Shareholders
October 20, 2014

Proceeds will be Used to Accelerate the Development of Jericho’s Kansas Assets VANCOUVER, Oct. 20, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, Frankfurt: JLM) today announced that it has closed its non-brokered private placement financing previously announced on October 9, 2014 by issuing 8,461,036 units (the “Units”) at $0.50 per Unit for proceeds of $4,230,517 (the “Offering”). All subscribers of the Offering were existing shareholders of Jericho Oil. No finder’s fees or commissions were paid in connection with the Offering. Each unit is comprised of one common share and one half warrant (a “Warrant”) with each whole…

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Jericho Raises $4.23 Million in Private Placement
October 9, 2014

October 9, 2014 – Vancouver, British Columbia – Mr. Allen Wilson, President and CEO of Jericho Oil Corporation (“Jericho” or the “Company”) announces that the Company has raised $4,230,517 by way of a non-brokered private placement of 8,461,036 units (the “Units”) at $0.50 per unit (the “Offering”) to finance ongoing drilling, exploration and development of Jericho’s producing lease acreage in the State of Kansas.  Proceeds of the Offering may also be used to acquire additional lease acreage.  Each unit is comprised of one common share and one half warrant (a “Warrant”) with each whole Warrant being exercisable into one common share…

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Jericho Oil to Launch Its Phase II Development Drilling Program
September 23, 2014

Jericho Continues Drilling Kansas Land Package Following Successful Phase I Results VANCOUVER, September 23, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, Frankfurt: JLM) announces that it will commence the first stage of its Phase II development drilling program for its Kansas land package. Employing two active rigs, the first stage of Jericho’s Phase II shallow drilling program calls for 25 vertically producing wells and 25 water injection wells to be drilled, equipped and completed into known producing formations during Q4-2014.  In addition, there are approximately 10 to 15 potential work-over well candidates. Following on the heels of…

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