Brief: Jericho To Participate In Drilling Horizontal Wells In Major County

Jericho Energy Ventures

24/01/2018 13:01

Jan 24 (Reuters) - Jericho Oil Corp  JCO.V : 
    * JERICHO -  ENTERED AGREEMENT TO PARTICIPATE IN DRILLING 
OF 
BETWEEN TWO AND FIVE HORIZONTAL WELLS IN MAJOR COUNTY, NEAR CO'S 
CORE STACK OPERATING AREA 
    * JERICHO OIL CORP -  ENTERED INTO A FARM-IN AGREEMENT 
THROUGH 
ITS OKLAHOMA STACK JOINT VENTURE, WITH A PRIVATE OPERATOR 
    * JERICHO OIL -  IN CONNECTION WITH DEAL, STACK JV PARTNER 
INCREASED ITS CAPITAL COMMITMENT TO FINANCE A PORTION OF FARM-IN 
AGREEMENT WELL COMMITMENT 
    * JERICHO OIL CORP -  PRO-FORMA FOR STACK JV PARTNER'S 
CAPITAL 
COMMITMENT, JERICHO WILL HOLD A 26.5 PERCENT INTEREST IN STACK 
JV 
 
Source text for Eikon:  ID:nGNXOMOKCa  
Further company coverage:  JCO.V  
 
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