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Jericho Energy Ventures Names Seasoned Energy Leader Jake Royster as Director of Operations

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Jericho Energy Ventures (JROOF) has appointed Jake Royster as Director of Operations, based in Tulsa, Oklahoma. Royster, with nearly 20 years of experience in the U.S. Mid-Continent energy industry, will oversee power and gas infrastructure for JEV's newly announced AI-focused Modular Data Centers and manage the company's traditional oil and gas JV assets.

His extensive background includes leadership positions at Halliburton, Casillas Petroleum, Trinity Operating, and C&J Energy Services, where he managed completion stages, enhanced drilling efficiency, and led machine learning optimization initiatives.

The appointment follows JEV's March 31, 2025 announcement of its Modular Data Center venture, which aims to utilize natural gas assets for AI computing solutions. The company is positioning itself to meet the growing demand for natural gas-powered, AI-driven data centers across the U.S., aligning with the industry trend of tech companies seeking rural locations with natural gas and transmission line availability.

Jericho Energy Ventures (JROOF) ha nominato Jake Royster come Direttore delle Operazioni, con sede a Tulsa, Oklahoma. Royster, con quasi 20 anni di esperienza nell'industria energetica del Mid-Continent negli Stati Uniti, supervisionerà le infrastrutture di energia e gas per i nuovi Data Center Modulari focalizzati sull'IA di JEV e gestirà gli asset tradizionali della joint venture di petrolio e gas dell'azienda.

Il suo ampio background include posizioni di leadership presso Halliburton, Casillas Petroleum, Trinity Operating e C&J Energy Services, dove ha gestito le fasi di completamento, migliorato l'efficienza di perforazione e guidato iniziative di ottimizzazione dell'apprendimento automatico.

La nomina segue l'annuncio del 31 marzo 2025 di JEV riguardo alla sua iniziativa sui Data Center Modulari, che mira a utilizzare gli asset di gas naturale per soluzioni di calcolo basate sull'IA. L'azienda si sta posizionando per soddisfare la crescente domanda di data center alimentati a gas naturale e guidati dall'IA negli Stati Uniti, allineandosi con la tendenza del settore delle aziende tecnologiche che cercano posizioni rurali con disponibilità di gas naturale e linee di trasmissione.

Jericho Energy Ventures (JROOF) ha nombrado a Jake Royster como Director de Operaciones, con sede en Tulsa, Oklahoma. Royster, con casi 20 años de experiencia en la industria energética del Mid-Continent en EE. UU., supervisará la infraestructura de energía y gas para los nuevos Centros de Datos Modulares enfocados en IA de JEV y gestionará los activos tradicionales de la empresa en la joint venture de petróleo y gas.

Su amplia trayectoria incluye posiciones de liderazgo en Halliburton, Casillas Petroleum, Trinity Operating y C&J Energy Services, donde gestionó las etapas de finalización, mejoró la eficiencia de perforación y lideró iniciativas de optimización de aprendizaje automático.

El nombramiento sigue al anuncio del 31 de marzo de 2025 de JEV sobre su iniciativa de Centros de Datos Modulares, que tiene como objetivo utilizar activos de gas natural para soluciones de computación basadas en IA. La empresa se está posicionando para satisfacer la creciente demanda de centros de datos impulsados por IA y alimentados por gas natural en EE. UU., alineándose con la tendencia de las empresas tecnológicas que buscan ubicaciones rurales con disponibilidad de gas natural y líneas de transmisión.

제리코 에너지 벤처스 (JROOF)는 오클라호마주 털사에 본사를 두고 있는 운영 이사로 제이크 로이스터를 임명했습니다. 로이스터는 미국 미드컨티넨트 에너지 산업에서 거의 20년의 경험을 보유하고 있으며, JEV의 새로 발표된 AI 중심 모듈형 데이터 센터의 전력 및 가스 인프라를 감독하고 회사의 전통적인 석유 및 가스 JV 자산을 관리할 것입니다.

그의 광범위한 배경은 할리버튼, 카실라스 페트롤리엄, 트리니티 오퍼레이팅 및 C&J 에너지 서비스에서의 리더십 직책을 포함하며, 이곳에서 그는 완공 단계 관리, 드릴링 효율성 향상 및 기계 학습 최적화 이니셔티브를 이끌었습니다.

이번 임명은 JEV가 2025년 3월 31일에 발표한 모듈형 데이터 센터 사업과 관련이 있으며, 이는 AI 컴퓨팅 솔루션을 위해 천연 가스 자산을 활용하는 것을 목표로 합니다. 이 회사는 미국 전역에서 천연 가스 기반의 AI 구동 데이터 센터에 대한 증가하는 수요를 충족하기 위해 스스로를 포지셔닝하고 있으며, 이는 농촌 지역에서 천연 가스 및 송전선 가용성을 갖춘 기술 기업들이 위치를 찾는 산업 트렌드와 일치합니다.

Jericho Energy Ventures (JROOF) a nommé Jake Royster au poste de directeur des opérations, basé à Tulsa, Oklahoma. Royster, fort de près de 20 ans d'expérience dans l'industrie énergétique du Mid-Continent aux États-Unis, supervisera l'infrastructure énergétique et gazière pour les nouveaux centres de données modulaires axés sur l'IA de JEV et gérera les actifs traditionnels de l'entreprise dans le cadre de coentreprises pétrolières et gazières.

Son vaste parcours comprend des postes de direction chez Halliburton, Casillas Petroleum, Trinity Operating et C&J Energy Services, où il a géré les phases de finalisation, amélioré l'efficacité de forage et dirigé des initiatives d'optimisation de l'apprentissage automatique.

Cette nomination fait suite à l'annonce du 31 mars 2025 de JEV concernant son projet de centres de données modulaires, qui vise à utiliser des actifs de gaz naturel pour des solutions de calcul basées sur l'IA. L'entreprise se positionne pour répondre à la demande croissante de centres de données alimentés au gaz naturel et pilotés par l'IA aux États-Unis, en s'alignant sur la tendance du secteur des entreprises technologiques à rechercher des emplacements ruraux avec disponibilité de gaz naturel et de lignes de transmission.

Jericho Energy Ventures (JROOF) hat Jake Royster zum Direktor für Betrieb ernannt, mit Sitz in Tulsa, Oklahoma. Royster bringt fast 20 Jahre Erfahrung in der US-amerikanischen Mid-Continent-Energiebranche mit und wird die Energie- und Gasinfrastruktur für die neu angekündigten, auf KI fokussierten Modularen Datenzentren von JEV überwachen und die traditionellen Öl- und Gas-JV-Assets des Unternehmens verwalten.

Sein umfangreicher Hintergrund umfasst Führungspositionen bei Halliburton, Casillas Petroleum, Trinity Operating und C&J Energy Services, wo er die Abschlussphasen leitete, die Bohr-effizienz verbesserte und Initiativen zur Optimierung des maschinellen Lernens vorantrieb.

Die Ernennung folgt der Ankündigung von JEV am 31. März 2025 über sein Vorhaben mit Modularen Datenzentren, das darauf abzielt, Erdgasressourcen für KI-Computing-Lösungen zu nutzen. Das Unternehmen positioniert sich, um der wachsenden Nachfrage nach erdgasbetriebenen, KI-gesteuerten Datenzentren in den USA gerecht zu werden, und folgt damit dem Branchentrend von Technologieunternehmen, die ländliche Standorte mit Verfügbarkeit von Erdgas und Übertragungsleitungen suchen.

Positive
  • Strategic expansion into AI-focused Modular Data Centers leveraging existing natural gas assets
  • Appointment of experienced operations director with 20 years of energy industry expertise
  • Well-positioned to capitalize on growing demand for natural gas-powered AI data centers
Negative
  • None.

TULSA, OK AND VANCOUVER, BC / ACCESS Newswire / April 3, 2025 / Further to its news release dated March 31, 2025, Jericho Energy Ventures Inc. (TSXV:JEV)(OTC PINK:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce that it has appointed Jake Royster as Director of Operations.


Jake Royster

Jake will be based in the Company's Tulsa, Oklahoma office, where he will oversee the core power and gas infrastructure for JEV's newly announced AI-focused Modular Data Centers. Additionally, he will spearhead the growth and optimization of the Company's traditional oil and gas JV assets.

With almost 20 years of experience in the U.S. Mid-Continent energy industry, Jake offers deep expertise in operations management, completions engineering, and business development. His robust energy background features leadership positions at Halliburton, Casillas Petroleum, Trinity Operating, and C&J Energy Services. Throughout his career, he has effectively managed thousands of completion stages, enhanced drilling and production efficiency, spearheaded machine learning optimization, and handled budgets worth millions of dollars.

"We are thrilled to welcome Jake Royster as our new Director of Operations," said Brian Williamson, CEO of Jericho Energy Ventures. "Jake's extensive experience in the energy sector and proven leadership in operations and optimization make him the ideal choice to drive our ambitious AI-focused Modular Data Center initiative forward and enhance and expand our traditional energy assets. His appointment underscores our commitment to leveraging top talent and strategic innovation to deliver value in this dynamic energy and technology landscape."

JEV Harnesses Natural Gas for Modular Data Centers - A Prime Opportunity at a Pivotal Moment

On March 31, 2025, JEV announced the launch of its innovative Modular Data Center venture, utilizing natural gas assets and infrastructure as the foundation for the development of advanced, technology-driven AI computing solutions for the AI era.

JEV's management is confident that the Company is exceptionally well-placed - both strategically and at this pivotal moment - to meet the rising demand for secure, reliable, and cost-efficient natural gas-powered, AI-driven Modular Data Centers across the U.S. With its robust, deployment-ready infrastructure, JEV is poised to fulfill this fast-growing market demand.

A March 30, 2025, Wall Street Journal article titled "The AI Data-Center Boom Is Coming to America's Heartland" highlights how Meta and other tech giants are scouring rural America for flat, accessible land with natural gas and transmission line availability to fuel AI operations, bringing them to the heart of the nation's oil and gas region.

About Jericho Energy Ventures

Jericho is an energy company positioned to meet today's energy demand as well as the energy transition; owning, operating and developing both traditional hydrocarbon JV assets and advancing the low-carbon energy transition, with active investments in hydrogen. Jericho owns and operates long-held producing oil and gas JV assets in Oklahoma which it is currently developing from cash flows in an effort to further increase production. Through its wholly owned subsidiary, Hydrogen Technologies, Jericho delivers breakthrough, patented, zero-emission boiler technology to the Commercial & Industrial heat and steam industry. Etna Solutions, Inc., majority owned by JEV, is developing a patent-pending, high-temperature, low-cost alkaline-based electrolyzer system. We also hold a strategic investment and board position in California Catalysts (formerly H2U Technologies), a leading developer of advanced materials for electrolysis.

Website: www.jerichoenergyventures.com
X: https://x.com/JerichoEV
LinkedIn: www.linkedin.com/company/jericho-energy-ventures
YouTube: www.youtube.com/c/JerichoEnergyVentures

CONTACT:
Adam Rabiner, Investor Relations
Jericho Energy Ventures Inc.
Tel. 604.343.4534
Email: 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 relating to, among others, the completion of its new Modular Data Centers initiative launch and successful supplier and customer adoption.

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, energy ‎storage, carbon capture 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

FAQ

What is Jake Royster's role at Jericho Energy Ventures (JROOF)?

Jake Royster is appointed as Director of Operations, overseeing power and gas infrastructure for AI-focused Modular Data Centers and managing traditional oil and gas JV assets.

What is JROOF's new business initiative announced on March 31, 2025?

JROOF announced a Modular Data Center venture that utilizes natural gas assets and infrastructure to develop AI computing solutions.

How does JROOF plan to leverage its natural gas assets for AI data centers?

JROOF will use its existing natural gas infrastructure to power AI-driven Modular Data Centers, providing secure and cost-efficient computing solutions.

What is the market opportunity JROOF is targeting with its Modular Data Centers?

JROOF is targeting the growing demand for natural gas-powered AI data centers, as tech companies seek rural locations with natural gas and transmission line availability.
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