Brian Williamson, CEO of Jericho Oil, stated: "Our focus in participating with best in class operators is working and we are extremely encouraged with the results of the Wardroom and surrounding Meramec wells, proving the extent, both geographically and geologically, of the formation. In addition to the Meramec, we will also work on delineating the resource potential of the regionally deposited Osage formation. Given the depth of our teams' history with this rock-type, we are confident in its horizontal resource potential. We are currently drilling an Osage test well within our northern JV located just north of Alta Mesa's expansive acreage position and we look forward to updating our shareholders with encouraging results."
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