News Releases

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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Jericho Oil’s Phase 1 Development Program Doubles Gross Production
August 27, 2014

VANCOUVER, August 27, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, Frankfurt: JLM) today announced that following its Phase I Development Program (“Phase I”), daily production has increased by approximately 100 percent. Gross production across the Company’s oil producing acreage has averaged just under 100 barrels per day for the month of August thus far.  Cumulative production for the month is expected to be approximately 3000 barrels as production continues to come on and the daily average continues to climb. In addition to the production results contained in this news release, Jericho plans to provide further Phase I…

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Jericho Oil Acquires Additional Productive Acreage in Prolific Oil Producing Channel
August 19, 2014

Kansas Land Package Nears 3,600 Acres Following Acquisition VANCOUVER, August 20, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO, Frankfurt: JLM) today announced it has added production and an additional 475 development acres in Miami County, Kansas. The new acreage, located within two miles of Jericho’s existing EKan-3 leases and which runs along the same prolific oil producing channel, brings Jericho’s total Kansas acreage position to nearly 3,600 acres. The Acquisition has current production of approximately four barrels of oil per day and has been historically developed and produced since the 1970s. Development of the Acquisition will be…

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Jericho Oil Corporation Reports Early Results Have Exceeded Expectations
August 14, 2014

VANCOUVER, August 14, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO) today provides the first in a series of rolling updates on its Phase 1 Drilling Program results. In June 2014, Jericho announced it had completed its Phase 1 Drilling Program, drilling and completing 62 new producing wells and 42 water injection wells.  In addition to the production results contained in this news release, the Company plans to provide further development and production results as it brings leases online over the coming weeks. Jericho’s first set of newly drilled and completed production wells on its Cartwright lease (160…

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Jericho Oil Adds Contiguous Acreage Package to its Recently Acquired EKan-3 Property
June 24, 2014

New Acreage Part of Prolific Oil Producing Channel With Over 5 Million Barrels of Cumulative Production   VANCOUVER, June 24, 2014 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO), today announced it has added production and an additional 254 acres of oil & gas leases in Miami County, Kansas (the “Acquisition”). The new acreage, which runs contiguous to Jericho’s EKan-3 asset, is in a particular channel that has been a prolific oil producing reservoir, with over 5 million barrels of cumulative production. The Acquisition has current production of 8 barrels of oil per day, and brings Jericho’s total Kansas…

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