Press Release Archive

The board of Jerico resolves to divest its interest in the Jerico gold mine in the US.  Estimates of the value of the mine will be sought from independent experts.

Bruce Raben is appointed to the board of Jerico.

Jerico’s US Texas counsel applies to the Texas Railroad Commission for a Petroleum Operator’s License.

Jerico’s US subsidiary is moved from Arizona to Texas, and an its name is changed from Jerico to Garden Petroleum.

Michael Atkins, Alan Stevenson and Dr Steve Hall are appointed to the board of Jerico.

Ron Wiesendahl, Roy Wiesendahl and Joel DeYoung resign from the board of Jerico.

A Share Exchange Agreement is finalized between Jerico and the board of Eden Petroleum, on behalf of Eden’s shareholders.

A Term Sheet for acquisition financing up to $65million and up to $20million in workovers is received from Centaurus Capital LP.

A majority of Jerico  shareholders approve the acquisition of Eden Petroleum.

Jerico announces a substantial change in business and goes in to a trading halt at 41 cents per share.

Jerico Explorations signs a Letter of Intent to acquire Eden Petroleum Ltd of Australia.