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 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... see more

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TSXV:JEV - Post Discussion

Jericho Energy Ventures Inc > JEV Proved reserves at USD$43.7 million, more wells coming

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Post by TruthSeek101 on Apr 24, 2023 2:48pm

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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