Exploration & Production
Jericho Oil Ahead of Schedule on Kansas Waterfloods
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Jericho Oil Corporation has announced its Phase 1 drilling program of 70 wells (increased in April to include Jericho's recent EKan-3 acquisition) is ahead of schedule.
The Company has now drilled over three-quarters of the planned wells on its recently acquired Eastern Kansas Properties.
In addition, Jericho is pleased to report its first set of production wells will be brought online this week. The Company intends to continue to turn on additional wells as it finishes up its Phase 1 development program later this quarter.
As announced on April 9, 2014 , Jericho's Phase 1 initial drilling program called for 35 producing wells and 35 water injection wells to be drilled, equipped and completed into known producing formations during 2Q 2014 on its Eastern Kansas properties. To date, wells…
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