VANCOUVER, Nov. 18, 2014 /CNW/ - Jericho Oil
Corporation ("Jericho" or the "Company") (TSX-V: JCO, OTC Markets:
JROOF), a growth-oriented oil company engaged in the acquisition,
exploration, development and production of overlooked and
undervalued oil properties in North
America, announces that it will be presenting at the LD
Micro VII ("Main Event") Conference, which will be held
December 2-4, 2014 at the Luxe Sunset
Boulevard Hotel in Los Angeles,
California.
Allen Wilson, CEO of Jericho,
will present on Thursday, December 4
at 10:30 a.m. PST, Track 3.
Management will also be available for one-on-one meetings during
the conference.
Since Jericho re-listed its shares in March 2014, the Company has more than doubled
production, recording record production in September averaging 118
gross barrels of oil per day. Given Jericho's early success, the
Company recently raised $4.23 million
to finance ongoing drilling, exploration and development. Jericho
is currently drilling 50 producer and injector wells as part of its
Phase II Development program in Eastern
Kansas and expects continued growth in Q4-2014 and
Q1-2015.
Chris Lahiji, Founder of LD
Micro, stated, "We are honored to have Jericho Oil present at the
Main Event this year."
LD Micro is a by-invitation only investment newsletter firm that
focuses on finding undervalued companies in the micro-cap space.
Since 2002, the firm has published an annual list of recommended
stocks as well as comprehensive reports on select companies
throughout the year. The firm also hosts the LD Micro Invitational.
It is a non-registered investment advisor. For more information,
please contact 408-457-1042 or visit www.ldmicro.com.
About Jericho Oil Corporation
Jericho is focused on growth through consistent, predictable and
repeatable high margin conventional oil production by bringing new
and proven technology to legacy, onshore basins in North America. The Company has acquired a 50%
interest in 29 leases comprised of nearly 3,750 acres. Jericho
expects to continue its extensive development program throughout
the next 12 months and will provide updates as the program
progresses. For more information, please visit
www.jerichooil.com.
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements"
within the meaning of the United States Private Securities
Litigation Reform Act of 1995 and Canadian securities laws. There
can be no assurance that such statements will prove to be accurate
and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could
cause actual events and results to differ materially from Jericho's
expectations include risks related to the exploration stage of
Jericho's project; market fluctuations in prices for securities of
exploration stage companies; and uncertainties about the
availability of additional financing.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Jericho Oil Corporation