1/23/2015 - 10:00 AM EST - Jericho Oil Corporation : announced it has signed a letter of intent to acquire a 50% working interest in 2,050 acres in northeastern Oklahoma. Upon closing, Jericho will begin the build-out of its second platform, focused on developing and optimizing legacy productive basins. The acquisition will bring Jericho's total acreage position to over 5,800 acres. Jericho Oil Corporation
shares V.JCO are trading up $0.015 at $0.44.