Jericho Energy Ventures Appoints Interim CFO, Announces Inaugural Oklahoma AI Data Center Site Location
Jericho Energy Ventures (OTCID:JROOF) announced two significant developments: a leadership change and a new AI data center initiative. The company appointed Maggie Zhao as Interim CFO, replacing Ben Holman. Zhao, who has been with Jericho since its inception and served as Corporate Controller since 2017, will ensure continuity in financial leadership.
Additionally, Jericho revealed its first build-to-suit AI data center location, the Morrison Data Center Site (MDC) in Noble County, Oklahoma. The site features substantial infrastructure including 70 miles of gas gathering pipelines, electrical grid access, 12 million gallons of water storage capacity, and fiber connectivity. The location is strategically positioned in Oklahoma's growing AI data center hub, where major tech companies are making significant investments.
Jericho Energy Ventures (OTCID:JROOF) ha annunciato due importanti sviluppi: un cambio nella leadership e una nuova iniziativa per un data center basato sull'IA. L'azienda ha nominato Maggie Zhao come CFO ad interim, sostituendo Ben Holman. Zhao, che è con Jericho sin dalla nascita e ha ricoperto il ruolo di Corporate Controller dal 2017, garantirà la continuità della guida finanziaria.
Inoltre, Jericho ha annunciato la prima localizzazione di un data center IA costruito su misura, il Morrison Data Center Site (MDC) a Noble County, Oklahoma. Il sito dispone di infrastrutture importanti tra cui 70 miglia di gasdotti di raccolta, accesso alla rete elettrica, 12 milioni di galloni di capacità di stoccaggio idrico e connettività in fibra. La posizione è strategicamente collocata nel polo in crescita degli data center IA dell'Oklahoma, dove grandi aziende tech stanno investendo in modo significativo.
Jericho Energy Ventures (OTCID:JROOF) anunció dos avances significativos: un cambio en la dirección y una nueva iniciativa de centro de datos impulsado por IA. La empresa nombró a Maggie Zhao como CFO interina, en reemplazo de Ben Holman. Zhao, que ha estado con Jericho desde su inicio y se desempeñó como Corporate Controller desde 2017, garantizará la continuidad del liderazgo financiero.
Además, Jericho reveló su primera ubicación de data center a medida para IA, el sitio Morrison Data Center (MDC) en Noble County, Oklahoma. El sitio cuenta con una infraestructura sustancial que incluye 70 millas de gasoductos de recolección, acceso a la red eléctrica, 12 millones de galones de capacidad de almacenamiento de agua y conectividad de fibra. La ubicación está estratégicamente ubicada en el creciente hub de centros de datos IA de Oklahoma, donde grandes empresas tecnológicas están realizando inversiones significativas.
Jericho Energy Ventures (OTCID:JROOF)가 두 가지 중요한 발전을 발표했다: 리더십 변화와 새로운 AI 데이터 센터 이니셔티브다. 회사는 Ben Holman을 대체하여 Maggie Zhao를 임시 CFO로 임명했다. 2017년부터 Corporate Controller로 재직해온 Zhao는 Jericho의 설립 이래 재무 리더십의 연속성을 보장할 것이다.
또한 Jericho는 첫 빌드 투 슈트 AI 데이터 센터 위치를 공개했다. Morrison Data Center Site (MDC)는 노블 카운티, 오클라호마에 위치해 있다. 이 사이트는 가스 모으기 파이프라인 70마일 등 상당한 인프라와 전력망 접근성, 1200만 갤런의 물 저장 용량, 섬유 연결을 갖추고 있다. 이 위치는 오클라호마의 성장하는 AI 데이터 센터 허브에 전략적으로 배치되어 있으며, 주요 기술 기업들이 상당한 투자를 하고 있다.
Jericho Energy Ventures (OTCID:JROOF) a annoncé deux développements importants: un changement de direction et une nouvelle initiative de centre de données IA. L’entreprise a nommé Maggie Zhao comme CFO par intérim, remplaçant Ben Holman. Zhao, qui est avec Jericho depuis sa création et a occupé le poste de Corporate Controller depuis 2017, assurera la continuité du leadership financier.
De plus, Jericho a dévoilé son premier site de data center IA construit sur mesure, le Morrison Data Center Site (MDC) à Noble County, Oklahoma. Le site dispose d’infrastructures substantielles comprenant 70 miles de gazoducs de collecte, accès au réseau électrique, 12 millions de gallons de capacité de stockage d’eau et connectivité en fibre. L’emplacement est stratégiquement situé dans le hub croissant des centres de données IA de l’Oklahoma, où de grandes entreprises technologiques investissent de manière significative.
Jericho Energy Ventures (OTCID:JROOF) hat zwei bedeutende Entwicklungen angekündigt: einen Führungswechsel und eine neue KI-Datenzentrum-Initiative. Das Unternehmen ernannte Maggie Zhao zur Interim-CFO und ersetzt damit Ben Holman. Zhao, die seit der Gründung von Jericho dabei ist und seit 2017 als Corporate Controller fungiert, wird die Kontinuität der finanziellen Führung sicherstellen.
Darüber hinaus enthüllte Jericho seinen ersten Build-to-Suit-KI-Datenzentrum-Standort, den Morrison Data Center Site (MDC) im Noble County, Oklahoma. Der Standort verfügt über eine umfangreiche Infrastruktur, einschließlich 70 Meilen Gas-Sammelrohre, Netzzugang, 12 Millionen Gallonen Wasserbevorratung und Glasfaserkonnektivität. Die Lage ist strategisch in das wachsende KI-Datenzentrum-Ökosystem Oklahomas eingebettet, wo große Tech-Unternehmen erhebliche Investitionen tätigen.
Jericho Energy Ventures (OTCID:JROOF) أعلنت عن تطوّرين مهمّين: تغيّر في القيادة ومبادرة مركز بيانات قائم على الذكاء الاصطناعي. عينت الشركة Maggie Zhao كمديرة مالية مؤقتة، بدلًا من Ben Holman. Zhao، التي انضمت إلى Jericho منذ تأسيسها وتولت منصب مراقب الشركة منذ 2017، ستضمن استمرارية القيادة المالية.
كذلك كشفت Jericho عن موقعها الأول لبناء مركز بيانات IA مصمم حسب الطلب، وهو Morrison Data Center Site (MDC) في مقاطعة Noble، أوكلاهوما. يشتمل الموقع على بنية تحتية كبيرة بما في ذلك 70 ميلاً من أنابيب جمع الغاز، وصول إلى الشبكة الكهربائية، 12 مليون جالون من القدرة التخزينية للمياه وربط بالألياف. الموقع محوريًا في محور مراكز بيانات IA في أوكلاهوما، حيث تستثمر شركات تقنية كبيرة بشكل ملحوظ.
Jericho Energy Ventures (OTCID:JROOF)宣布了两项重要发展：领导层变动和新的AI数据中心计划。公司任命 Maggie Zhao为临时首席财务官，接替 Ben Holman。赵女士自公司成立起就一直任职，并自2017年起担任企业主管，将确保财务领导的连续性。
此外，Jericho 公布了首个为AI定制建设的数据中心地点，即位于俄克拉荷马州诺布尔县的 Morrison Data Center Site (MDC)。该地点具备大量基础设施，包括 70英里 gas gathering 管线、电网接入、1200万加仑的水储存容量以及光纤连接。该地点在俄克拉荷马州日益增长的AI数据中心枢纽中具有战略性地位，那里有多家大型科技公司正在进行大量投资。
- Seamless CFO transition with internal promotion of experienced Controller Maggie Zhao
- Strategic AI data center location with extensive existing infrastructure including 70 miles of gas pipelines
- Site offers multiple competitive advantages: grid power, low-price natural gas, water storage, and fiber connectivity
- Located in Oklahoma's emerging AI data center hub with proximity to major tech investments
- Departure of CFO Ben Holman could create temporary leadership adjustment period
- AI data center project still in negotiation phase with no confirmed clients
TULSA, OK / ACCESS Newswire / September 30, 2025 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") today announced the appointment of Maggie Zhao as Interim Chief Financial Officer, replacing departing CFO Ben Holman, who will continue to advise the Company to facilitate a seamless transition.
Mrs. Zhao has been a core member of Jericho's accounting and finance team since its inception and has served as Corporate Controller since 2017.
"On behalf of the Board and the entire Jericho team, I thank Ben for his leadership, dedication and continued support to ensure a smooth transition. His contributions were instrumental in establishing the foundation of our energy platform. We wish him every success in his future endeavors," said Brian Williamson, CEO of Jericho.
"We have the utmost confidence in Maggie, who has been integral to Jericho's success over the years and has skillfully guided us through previous growth and transitions. We are fortunate to have her step into this role."
JEV Announces First Oklahoma AI Data Center Site Location
Jericho is pleased to announce details of its inaugural build-to-suit AI data center location, the Morrison Data Center Site ("MDC"), situated on the Company's oil and gas JV acreage in Noble County, Oklahoma.
MDC offers access to extensive foundational data center infrastructure, including access to grid power, a plentiful supply of low-price natural gas, water and nearby backbone fiber. Existing site assets include 70 miles of gas gathering pipelines with corresponding rights-of-way, electrical grid infrastructure, 10 million gallons of on-site water storage, 2 million gallons via pipeline, and fiber connectivity.
JEV's management believes the MDC location and infrastructure are highly attractive to AI data center clients currently engaged in negotiations.
Oklahoma has emerged as a premier hub for AI data center development, with leading technology companies investing billions to expand AI infrastructure across the state, including projects in close proximity to JEV's MDC site.
Additional details on JEV's AI Data Center initiative can be found in the Company's Corporate Presentation, available at www.jerichoenergyventures.com/investors.
About Jericho Energy Ventures
Jericho Energy Ventures (JEV) is uniquely positioned at the nexus of energy and AI infrastructure. Leveraging our long-producing oil and gas joint venture assets and robust Oklahoma infrastructure, we are deploying scalable, on-site power solutions to build cutting-edge build-to-suit AI Data Centers. With direct access to abundant, low-cost natural gas, we deliver efficient, high-performance energy solutions -- reducing waste, maximizing output, and unlocking long-term value in the rapidly converging AI and energy markets.
At JEV, our mission is clear: to innovate relentlessly, optimize energy resources, and power tomorrow's breakthroughs, one bold step at a time.
Website: www.jerichoenergyventures.com
X: https://x.com/JerichoEV
LinkedIn: www.linkedin.com/company/jericho-energy-ventures
YouTube: www.youtube.com/c/JerichoEnergyVentures
Contacts:
Brian Williamson, CEO, or
Adam Rabiner, Investor Relations
Jericho Energy Ventures Inc.
T: 604.343.4534
E: investorrelations@jerichoenergyventures.com
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable securities laws. Such forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Jericho's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Jericho's control. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may", "will" or "may not" occur. Specifically, this news release contains forward-looking statements, including, but not limited to, statements regarding the successful implementation of the planned rollout of JEV's AI Data Centers initiative.
Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements, which include, but are not limited to: regulatory changes; changes to the definition of, or interpretation of, foreign private issuer status; the impacts of COVID-19 and other infectious diseases; general economic conditions; industry conditions; current and future commodity prices and price volatility; significant and ongoing stock market volatility; currency and interest rate fluctuation; governmental regulation of the energy industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; liabilities and risks inherent in oil and gas exploration, development and production operations; liabilities and risks inherent in early stage hydrogen technology projects and new energy systems; changes in government environmental objectives or plans; and the other factors described in Jericho's public filings available at www.sedarplus.ca.
The forward-looking statements contained herein are based on certain key expectations and assumptions of Jericho concerning anticipated financial performance, business prospects, strategies, regulatory regimes, the sufficiency of budgeted capital expenditures in carrying out planned activities, the ability to obtain financing on acceptable terms, expansion of consumer adoption of the Company's (or its subsidiaries') technologies and products, all of which are subject to change based on market conditions, potential timing delays and other risk factors. Although Jericho believes that these assumptions and the expectations are reasonable based on information currently available to management, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Investors should not place undue reliance on forward-looking statements.
Readers are cautioned that the foregoing lists are not exhaustive. The forward-looking statements contained in this news release are made as of the date of this news release, and Jericho does not undertake to update any forward-looking statements that are contained or referenced herein, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Jericho Energy Ventures Inc.
View the original press release on ACCESS Newswire
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