Jericho Oil Corp. has signed a letter of intent to acquire a 50% working interest in 2,050 acres in the Cherokee basin 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, which has both oil…
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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.