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Jericho Talks Latest STACK Results, Activity; Plans for Further Development

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   |    Friday,October 12,2018

Jericho Oil has reported an update on its STACK drilling operations. Given the results, the company has opted to push ahead with further development targeting the Meramec and Osage formations across its acreage position.

Producing Operations:

–  Wardroom 13-19N-13W #1H (Meramec)

  • 47.5% Working Interest
  • Producing: 220 Gross BOE per day (40% oil; 227 days since first oil production)

–  Swordspear 15-23N-10W #1H (Osage)

  • 47.5% Working Interest
  • Producing: 351 Gross BOE per day (50% oil; 128 days since first oil production)

Drilling Operations:

–  Trebuchet 21-23N-10W #1H (Operator: Armor Energy; Major County – Osage)

  • 48.0% Working Interest
  • Drilling ahead and building the curve from vertical to lateral section

–  Valkyrie 6-19N-12W #1H (Operator: Staghorn Petroleum; Blaine County – Meramec)

  • 23.5% Working Interest
  • Drilling ahead and nearing total measured depth of approximately 13,500 feet

–  Ula 1-31H 6X7 (Operator: ExxonMobil subsidiary XTO Energy; Major County – Osage)

  • Less than 1% Working Interest
  • Drilling ahead

–  Hilltop 2009 1-19MH (Operator: Alta Mesa Resources; Major County – Osage)

  • Less than 1% Working Interest
  • Drilling ahead


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