IPO Profile

JED Oil Inc.
500 4th Avenue S.W.Calgary, Alberta, T2P 2V6 Canada
Tel: 403-537-3250
Web: www.jedoil.com
Ticker: JDO
Stock Exchange: American Stock Exchange
Shares Issued: 1,700,000.00
Price Offered: $5.50
Amount Raised: $9,350,000.00

Underwriters:
Gilford Securities





Company Description:
We were formed as an Alberta, Canada corporation in September, 2003. We are an oil and natural gas company that has recently commenced operations and plans to develop and operate oil and natural gas properties principally in western Canada. We do not anticipate direct property acquisitions but rather intend to develop the oil and natural gas properties of others under farm-in arrangements in which we will finance the cost of development drilling in exchange for interests in the oil or natural gas revenue generated by the properties, generally ranging from a 50% to a 75% net interest.