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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 is engaged in owning, operating and developing 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 acquisition, exploration, development and production of oil and natural gas fields in the United States of America. The Company’s wholly owned subsidiary, Hydrogen Technologies LLC (HT), offers a clean, zero-emission energy solution for the commercial and industrial boiler market. There are a wide range of applications for its cleanH2steam DCC Boiler, which work much like traditional commercial heat, hot water and industrial steam boilers. It is used in various commercial applications, such as shopping malls, universities, airports, hotels, and others. It also used in various heavy industry applications, such refining and petrochemical, pulp and paper, chemical and pharma, among others.


TSXV:JEV - Post by User

Jericho Energy Ventures Inc
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Post by TruthSeek101on Apr 24, 2023 2:48pm
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Post# 35410917

JEV Proved reserves at USD$43.7 million, more wells coming

JEV Proved reserves at USD$43.7 million, more wells coming News here



"On January 26, 2023 the Company announced results of the Lazarus #1 vertical well, the first well drilled by Jericho's oil and gas joint venture since 2018. To-date, the well has been on-production for 135 days and has averaged over 68 barrels of oil per day since initial production on December 7, 2022, exceeding management expectations. Jericho looks forward to building on this success and aims to increase the Company's cash flow with the start of its 2023 drilling program, beginning at the end of the second quarter."


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