Bullboard - Stock Discussion Forum Jericho Energy Ventures Inc V.JEV

Alternate Symbol(s): JROOF

Energy Oil & Gas E&P

Jericho Energy Ventures Inc. is a Canada-based energy company. The Company owns, operates and develops both traditional hydrocarbon joint venture (JV) assets and advancing the low-carbon energy transition, with active investments in hydrogen. The Company’s principal activity is the acquisition, exploration, development and production of oil and natural gas fields in the United States of America... see more

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Jericho Energy Ventures Inc > Jericho Energy Ventures Reports Record Oil & Gas JV Results

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Post by Betteryear2 on May 09, 2023 3:04pm

Jericho Energy Ventures Reports Record Oil & Gas JV Results

Delivers strong 2022 results highlighted by 37% YoY revenue growth within its oil and gas joint ventures
Company intends to increase production and cash flow with start of 2023 drilling program

TULSA, OK and VANCOUVER, BC / ACCESSWIRE / May 9, 2023 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC PINK:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to report strong year-over-year financial performance at its oil and gas joint ventures (collectively, the "JV") in Oklahoma, driven by elevated crude oil and natural gas prices during 2022.

Jericho Energy Ventures Reports Record Oil and Gas JV Results for FY 2022 (accesswire.com)

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Comment by TruthSeek101 on May 09, 2023 9:08pm

I think they are making a good decision by trying to increase their oil and gas revenues through drilling and also potential acquisitions. Oil is not disappearing anytime in the next 20+ years despite what anyone says, so they might as well grow their oil business to bolster their hydrogen platform for thr future. This optionality is what separates JEV from other public, pure play clean ...more

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