Jericho Oil Corporation says that its Phase II Development Program in Eastern Kansas is ahead of schedule, with the Company drilling 77 wells to date, 50% more than the originally scheduled drill program for Q4-2014.

On Sept. 23, 2014, Jericho announced the launch of its Phase II program, the first stage of which called for 50 producer and injector wells to be drilled and completed during Q4-2014.

The targeted acreage had been significantly de-risked by the Company's Phase I drilling efforts, which made it possible for Jericho to gain valuable geological and geophysical data allowing for a more defined reservoir control and understanding of the sand bodies.

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