Jericho Energy Ventures Inc V.JEV

Jericho Energy Ventures Reports Record Oil & Gas JV Results

[Betteryear2]

• 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)

[TruthSeek101]

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

[oldmilwaukee24]

Market clearly disagrees