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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 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. The Company’s wholly owned subsidiary, Hydrogen Technologies, delivers, patented, zero-emission boiler technology to the Commercial & Industrial heat and steam industry. It also holds strategic investments and board positions in H2U Technologies (electrocatalyst and low-cost electrolyzer platform) and Supercritical Solutions (developing high pressure, ultra-efficient electrolyzer). It also owns and operates long-held producing oil and gas JV assets in Oklahoma.


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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