Tag: Postrock

Jericho Oil raises C$5.7M from cornerstone investors

Jericho Oil raises C$5.7M from cornerstone investors

Jericho Oil (JCO.V) has finally decided to bite the bullet and will complete a 12.6M unit placement at C$0.45 to raise C$5.66M (before expenses). Each unit will consist of one common share of Jericho Oil and half a warrant which will allow every warrant holder to acquire an additional share […]

Jericho Oil is trading 29% below its PV10 NAV

Jericho Oil is trading 29% below its PV10 NAV

It took the company a bit longer than we expected, but Jericho Oil (JCO.V) has now finally released an updated reserve report on its American activities. To make our life easier, Jericho has reported all results based on its effective interest in the properties, which provides us with a very […]