JCO:TSX.V; JROOF:OTC

Jericho Oil Corp.

Jericho is a growth-oriented oil and gas company engaged in the acquisition, exploration, development and production of overlooked and undervalued oil properties in the Mid-Continent, 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.
JCO:TSX.V JROOF:OTC

Expert Comments:

Clive Maund, CliveMaund.com (9/4/17)
"On the latest 1-year chart we can see how Jericho Oil Corp.'s stock price has succeeded in breaking out into a new intermediate uptrend and advancing, despite the oil price receding during August, and despite two recent financings, which is a sign of the company's intrinsic merits. . .volume indicators have picked up well, a positive sign, with the on-balance volume line looking particularly strong as it is already at new highs. . .this is considered to be one of the best oil investments around, so holders should stay long and new purchases are in order at this juncture."

Alex Koyfman, First Call (8/29/17)
"Jericho Oil Corp. announced that it intends to raise approximately C$10 million through a non-brokered private placement of approximately 20,833,333 units at a price of C$0.48 per unit. Each unit is comprised of one common share and one-half warrant, with each full warrant being exercisable into one additional share at a price of $0.60 per share for a period of 36 months from closing. . .proceeds from the offering will be used primarily to acquire an interest in a joint venture that owns 9,400 net surface acres in the oil window of the Anadarko Basin STACK play in Oklahoma, as well as for working capital."

Clive Maund (8/4/17)
"Jericho Oil Corp. stock is looking very attractive here. This relatively young company has taken advantage of the weakness of the oil price in the last several years to buy up good properties and wells, and most of the stock is tightly held by investors who are in for the long haul. It is also highly geared to the oil price on the upside, which is nice to know considering that oil looks like it is about to break out into a big rally. . .The strategy is Oklahoma. The US is one of the best places in the world to do business for an oil company."

Thibaut Lepouttre, Caesars Report (6/15/17)
"Jericho Oil Corp. is still working towards becoming a mid-tier oil producer in the United States. Whilst the company is very likely still pursuing an acquisition, itís also developing its own exploration and development plans to unlock the full potential of the oil projects it has already acquired. . .the proved reserves increased by 1289% of the production rate, which indeed means the company has added thirteen times more barrels to the proved reserve category compared to its annual production. That's an exceptional result. . .shareholders should be very happy their share price is now fully backed by the company's PV10."

Thibaut Lepouttre, Caesars Report (5/6/17)
"Jericho Oil Corp. has reported all results based on its effective interest in the properties, which provides us with a very clean overview. The total proved reserves contain approximately 2.33 million barrels of oil (of which 854,000 barrels are proved and producing), and the total 2P reserves contain 4.21 million barrels of oil. . .the reserve report and PV10 values are better than we expected, and you should keep in mind the total amount of barrels and the PV value will only increase when Jericho acquires the additional 25% in the Postrock asset."

Experts Following This Company

Alex Koyfman, Newsletter Writer – First Call
Thibaut Lepouttre, Editor Caesars Report
Clive Maund – gold, silver & oil shares

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