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Jericho Oil Corp (JROOF)

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Last Post: 12/25/2017 5:00:01 PM - Followers: 3 - Board type: Free - Posts Today: 0

Jericho Oil Corp

Jericho Oil Corporation’s primary business objective is to drive long-term shareholder value through the growth of oil and gas production, cash flow and reserves.

Jericho’s growth strategy is achieved through the acquisition and development of overlooked and undervalued assets across the Mid-Continent region, primarily in Central Oklahoma. The Company brings a systematic, consistent asset development plan to revitalize, exploit and expand known-producing oil-focused fields and basins that have been underserved from both a capital and modern technological perspective focused on the Hunton, Mississippi Lime and Woodford Shale formations.

In order to achieve Jericho’s primary business objective of driving long-term shareholder value through the growth of oil and gas production, cash flow and reserves, the Company has identified basins located within the Mid-Continent which have experienced the most severe capital flight amid the precipitous drop in the price of oil.  Pervasive capital accessibility has the ability to veil the true economic  and repeatable viability of drilling oil and gas reserves.  However, since the drop in the price of oil, credit and equity has become scarce amongst what once were considered the ‘next’ horizontally-drilled shale plays.  Accordingly, capital flight from the Mid-Continent region specifically, has produced illiquidity and, more importantly, market dislocations in regards to the long-term intrinsic value for both cash flow positive and highly-distressed assets alike.

Many of the Mid-Continent basins may yet prove to be viable long-term manufactures of oil and gas reserves.  However, lower prices have left the region capital starved and / or distressed.  This dislocation presents Jericho with the opportunity to acquire undervalued and underappreciated assets at appreciable discounts to the true underlying value while creating a margin of safety.  Most importantly, the Company seeks to employ discipline, patience and strong judgement in evaluating oil and gas assets.

Based in Vancouver, British Columbia, with a regional office in Tulsa, Oklahoma, Jericho commenced operations in March, 2014 on the TSX-Venture and has since grown through eight transactions with gross production totaling over 800 BOEPD (65% Oil).  Jericho holds a weighted average of approximately 50% Working Interest across its asset base with a private family partner owning the remaining Working Interest.



Jericho Oil has a high-quality Mid-Continent portfolio of oil-focused, stacked-pay assets located in central Oklahoma.  Jericho continually strives to maximize cash flow from production properties for reinvestment in drill-bit driven growth opportunities.  Jericho holds a weighted average of 38% Working Interest across its asset base.


Jericho’s Oklahoma operation, is a natural extension of the Company’s strategy to acquire long-life producing assets within known mid-continent legacy basins.  In Oklahoma, Jericho’s primary focus is on stacked-pays.   The region includes productive Pennsylvania Sands, Mississippian Lime, Devonian Woodford Shale and Silurian Hunton opportunities.  Jericho’s current assets are located in Pottawatomie, Seminole, Creek, Payne, Lincoln and Osage County, OK.  The Oklahoma operating team brings over 100 years of collective regional knowledge and operating experience having developed and operated all the targeted formations in the region.

Jericho’s current production is from a mix of horizontal and vertical wells.  The Company sees this broader region, stretching down into Central Oklahoma and staying east of the Ridge, as a significant growth opportunity targeting horizontal production with future vertical development opportunities.  

Jericho Oil Corp

News & Analysis

Publish Date Headline Source
Nov 2, 2017 Jericho Oil STACK JV Acquires Additional Acreage GlobeNewswire
Oct 5, 2017 Jericho Oil Completes Acquisition of Working Interest in Producing Central Oklahoma Assets GlobeNewswire
Sep 6, 2017 Jericho Oil Completes Acquisition of Anadarko Basin STACK Play Acreage, Closes Oversubscribed $10.6 Million Private Placement GlobeNewswire
Aug 23, 2017 Jericho Oil to Raise $10 Million in Equity Financing for Oklahoma STACK Acquisition Marketwired
Aug 22, 2017 Jericho Oil Announces Entry into Anadarko Basin STACK Play Marketwired
Aug 14, 2017 Jericho Oil Closes First Tranche of $5.66 Million Financing Marketwired
Contact Info
  • 750 West Pender Street
    Suite 350
    Vancouver, BC V6C 2T7


Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
JROOF News: Jericho Oil Publishes Annual Letter to Shareholders 05/06/2015 12:56:00 PM
JROOF News: Jericho Oil Reports December 31, 2014 Reserves 04/29/2015 04:05:00 PM
JROOF News: Jericho Oil Announces DTC Eligibility of its Common Shares 02/10/2015 08:30:00 AM
JROOF News: Jericho Expands into Oklahoma Adding Acreage and Production 01/23/2015 08:30:00 AM
JROOF News: Jericho Oil Exits 2014 with Record Monthly Production 01/16/2015 08:30:00 AM
#436   Here is a nice brief discussion on Jericho Proven and Probable 12/25/17 05:00:00 PM
#435   Good morning folks! $JROOF Papa Bear 11/20/17 11:48:19 AM
#434   Strong close today! +8.09% at .6096 zigzagman 11/10/17 04:05:11 PM
#433   Looking for a surge in volume next week! jedijazz 11/10/17 04:03:38 PM
#432   It's a slow Friday...Maybe next week there will zigzagman 11/10/17 03:52:36 PM
#431   Jericho Oil Completes Acquisition of Working Interest in BCNstocks 11/10/17 03:49:01 PM
#430   Yes breaking .65 resistance is key. Chart setting BCNstocks 11/10/17 03:45:56 PM
#429   nhod ready to go! budfoxhub 11/10/17 03:44:03 PM
#428   not much left there @.65 lets break resistance jedijazz 11/10/17 03:43:18 PM
#427   Looks as if we see .70+ as early jedijazz 11/10/17 03:42:25 PM
#426   So thin on the Ask here... zigzagman 11/10/17 03:38:40 PM
#425   take a look at JROOF's website here Prince Goro 11/10/17 03:27:44 PM
#424   Trending for .70's soon! budfoxhub 11/10/17 03:13:23 PM
#423   The chart is setup for a breakout above zigzagman 11/10/17 03:12:54 PM
#422   Update Jericho Oil Corp (PC (JROOF) 0.6096 + jedijazz 11/10/17 03:10:41 PM
#421   Bullish close coming in my opinion! jedijazz 11/10/17 03:09:39 PM
#420   .63 ready to fall in power hour! budfoxhub 11/10/17 03:04:45 PM
#419   Up over 8% as we head into Power zigzagman 11/10/17 02:49:11 PM
#418   Very nice appeal for shareholders. jedijazz 11/10/17 02:43:27 PM
#417   yes. Huge amounts of DD there. Jericho is jedijazz 11/10/17 02:42:31 PM
#416   If you haven't already, take a look at Prince Goro 11/10/17 02:36:17 PM
#415   There are some new updates on their Facebook page zigzagman 11/10/17 02:16:16 PM
#414   True. A reduction in lending fees is an BCNstocks 11/10/17 02:13:25 PM
#413   Yes, lower prices have left the region capital Prince Goro 11/10/17 02:07:53 PM
#412   This is a really nice looking landing page Prince Goro 11/10/17 02:07:36 PM
#411   could be a huge move next couple weeks jedijazz 11/10/17 02:04:38 PM
#410   Jericho Oil Corp (PC (JROOF) 0.6105 + 0.0465 (8.24%) jedijazz 11/10/17 02:03:42 PM
#409   Nhod up on ask .63 BCNstocks 11/10/17 02:01:17 PM
#408   Hey guys. here is some nice DD on Prince Goro 11/10/17 01:59:26 PM
#407   Recent Saudi Arabia news driving up oil stocks. jedijazz 11/10/17 01:56:06 PM
#406   Nice bids stacked ow! Check it out! BCNstocks 11/10/17 01:55:24 PM
#405   green heading into power hour +8.24%! budfoxhub 11/10/17 01:47:04 PM
#404   New high of day! +8.24% at .6105 zigzagman 11/10/17 01:41:03 PM
#403   Agreed. Any reduction in lending fees is an jedijazz 11/10/17 01:37:08 PM
#402   Nice update! BCNstocks 11/10/17 01:36:24 PM
#401   To note that Jericho's recent news announced that BCNstocks 11/10/17 01:32:22 PM
#400   Nice... I saw that JROOF has been at Prince Goro 11/10/17 01:26:52 PM
#399   Let's get at hit at .63 for a zigzagman 11/10/17 01:18:41 PM
#398   Use PST for all your DD on $JROOF jedijazz 11/10/17 01:17:08 PM
#397   Recent Saudi Arabia news driving up oil budfoxhub 11/10/17 01:16:51 PM
#396 says $JROOF is a Buy! jedijazz 11/10/17 01:16:11 PM
#395   Should see another green close today! budfoxhub 11/10/17 01:15:43 PM
#394   Any hit on the Ask would be a zigzagman 11/10/17 12:46:18 PM
#393   Look at Jericho's recent acquisitions in Oklahoma. jedijazz 11/10/17 12:46:02 PM
#392   Update here! Jericho Oil Corp (PC (JROOF) 0.5796 jedijazz 11/10/17 12:45:10 PM
#391   Mark your calendar for next Monday and Tuesday... zigzagman 11/10/17 12:30:04 PM
#390   Based in Vancouver, British Columbia, with a regional Prince Goro 11/10/17 12:25:15 PM
#389   JROOF: Looking great here folks for a Papa Bear 11/10/17 12:24:49 PM
#388   .63 ready for some slaps! budfoxhub 11/10/17 12:15:58 PM
#387   Only 3,000 shares to the .70's now... zigzagman 11/10/17 12:06:02 PM