One-Page Deal Sheet
Jericho to Add Contiguous Kansas Acreage
Jericho Oil Corp Not Disclosed
Announced Date
June 24,2014
Transaction Type
Property
Location
Region
Mid-Continent
Country
United States
State
Kansas
County
Miami
Play
Production Production
Transaction Details: Subscribe to see
Jericho Oil Corporation has announced it has added production and an additional 254 acres of oil & gas leases in Miami County, Kansas.
The new acreage, which runs contiguous to Jericho's EKan-3 asset, is in a particular channel that has been a prolific oil producing reservoir, with over 5 million barrels of cumulative production.
The Acquisition has current production of 8 barrels of oil per day, and brings Jericho's total Kansas lease acreage position to over 3,100 acres, of which Jericho owns 50% interest.
The Acquisition follows on the heels of Jericho's recently completed Phase I…
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