JED Oil Inc. (JED) is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids in Canada and the United States. During the year ended December 31, 2006, the Company had assets in Ferrier in west central Alberta, and Sousa in northern Alberta. Through its wholly owned subsidiary, JED Oil (USA) Inc., the Company had assets in the Midale play in North Dakota and in Pinedale, Wyoming. During 2006, JED drilled 16 wells (9.6 net) with 100% success encountering gas in the liquids rich Ellerslie and Rock Creek Formations for a total of 25 (15.9 net) wells in Ferrier. On September 28, 2006, JED exchanged non-core oil and gas assets with Enterra Energy Corp., and Enterra Production Corp. (Enterra). The Company swapped assets based on proven and probable reserve values for 100% of Enterra’s working interest in the North Ferrier area and approximately 57.5% of Enterra’s interest in the East Ferrier area.
Kenneth E. Olson 5,000,000 Shares
Shares Outstanding5: 23.85M
% Held by Insiders1: 22.23%
% Held by Institutions1: 4.00%
Market Cap (intraday)5: 22.42M
Enterprise Value (22-May-08)3: 62.46M
Trailing P/E (ttm, intraday): 1.28
Forward P/E (fye 31-Dec-09) 1: N/A
PEG Ratio (5 yr expected): N/A
Price/Sales (ttm): 1.60
JED Oil Inc.
PO Box 1420 (mailing)
1601 - 15th Ave, (delivery)
Didsbury, AB. T0M 0W0
Phone: (403) 335-2101
Fax: (403) 335-8391
Time Zone: Mountain Standard Time
Investor Relations: Lena Cati (212) 836-9611
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