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Jericho IPs STACK Well at JV Acreage; Plans Further Delineation
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Jericho Oil has brought online a successful test well of the Osage formation within its northern STACK JV acreage position.
Swordspear 23-10-15 1H wellLocated on the Major and Alfalfa County border in the STACK play
IP30 of 400 BOEPD (61% oil) The most recent daily production reading is over 500 BOEPDThe company and its JV partner will now drill additional wells to further delineate the position.
Brian Williamson, CEO of Jericho Oil, stated, “We are incredibly encouraged with the early results of the Swordspear, successfully testing the Osage, proving the extent, both geographically and geologically, of the formation in the northern STACK Play of Oklahoma. First mover advantage in the northern STACK has allowed our Company to assemble thousands of acres at very attractive per acre…
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