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Jericho Energy Ventures (JROOF) is a diversified energy company focused on the current energy transition, owning, operating, and developing hydrocarbon assets while advancing low-carbon energy projects, notably in hydrogen technologies. The company's breakthrough, patented zero-emission boiler technology from its subsidiary, Hydrogen Technologies, aims to deliver eco-friendly solutions to the Commercial & Industrial sector. Jericho also holds strategic investments in key players in the hydrogen industry.
Jericho Energy Ventures (OTC: JROOF) announced that its subsidiary, Hydrogen Technologies, has filed for new provisional patents for its second generation hydrogen boiler. This advanced cleanH2steam Dynamic Combustion Chamber™ (DCC™) Boiler 3000 Series features enhanced fuel delivery, improved combustion efficiency, and a streamlined design. The DCC™ is a zero-emission solution targeting a significant portion of global greenhouse gases from traditional fossil fuel boilers. Jericho aims to leverage this innovation for a broader marketing campaign to address the growing demand for zero-emission technologies.
Jericho Energy Ventures (JEV) announces its participation as Co-Lead in a $1.5 million investment in H2U Technologies, part of a $7 million Series A financing. H2U specializes in AI-driven electrocatalyst discovery, which aims to create low-cost electrolyzers to support the Hydrogen Economy. The technology, licensed from Caltech, is designed to reduce reliance on precious metals in catalysis. H2U's electrolyzer is targeted to cost half of current PEM models, with significant market potential as green hydrogen production is expected to reach $2.5 trillion annually by 2050.
Jericho Energy Ventures (OTC PINK:JROOF) announced positive outcomes from its Annual General and Special Meeting (AGM) held on July 14, 2021. Shareholders, representing 68.94% of shares, overwhelmingly approved the election of directors with support exceeding 99.98%. Other key resolutions, including the Appointment of Auditors and Stock Option Plan, also received strong backing, with approval rates above 99.90%. Jericho is focused on low-carbon energy transition technologies, including hydrogen and carbon capture solutions.
Jericho Energy Ventures (OTC PINK:JROOF) has launched a series of four educational videos featuring CEO Brian Williamson, focusing on the role of hydrogen in reducing global emissions. These videos aim to inform viewers about the company's advancements in low-carbon technologies, including its patented zero-emission boiler technology for the $30 billion commercial and industrial heat and steam market. Jericho also has oil and gas interests primarily in Oklahoma. The video series can be accessed through the company's website.
Jericho Energy Ventures (OTC Pink:JROOF) supports U.S. policymakers' heightened focus on green hydrogen, following the launch of the DOE's Energy Earthshots Initiative aimed at reducing clean hydrogen costs by 80% to $1 per kilogram in ten years. This initiative aligns with the Biden-Harris Administration's net-zero carbon goal for 2050. Jericho's subsidiary, Hydrogen Technologies Inc., recently introduced its patented zero-emission DCC™ Boiler 3000 Series, targeting the $30 Billion commercial heat industry. The company continues to explore high-growth hydrogen generation technologies.
Jericho Energy Ventures (TSXV:JEV, OTC PINK:JROOF) announced that CEO Brian Williamson will present at two key events in June. On June 17, he will speak at the MIT Alumni Club regarding low-carbon energy and hydrogen advancements. On June 25, he will open the ABMA Summer Meeting in Florida, focusing on zero-emission, DCC™ cleanH2steam boiler technology. These engagements align with Jericho's mission to promote sustainable energy solutions.
Jericho Energy Ventures (OTC PINK:JROOF) announces the release of a white paper by its subsidiary, Hydrogen Technologies Inc, detailing the cleanH2steam DCC™ Boiler. This solution aims to cut greenhouse gas emissions, which account for over 20% of global emissions each year. The DCC™ boiler operates with high thermal efficiency (95-98%), emits no pollutants, and competes with top natural gas boilers. CEO Brian Williamson emphasizes the importance of educating customers about the transition to zero-emission heating solutions. The white paper is available for download on HTI's website.
Jericho Energy Ventures has launched its Generation 2.0 cleanH2steam DCC™ Boiler 3000 Series through its subsidiary, Hydrogen Technologies Inc. This advanced design features a refined fuel delivery system, high precision mass flow meters, and improvements for better thermal efficiency. The company's proactive metallurgy changes aim to reduce the costs associated with stainless steel. CEO Brian Williamson expressed pride in this innovation, emphasizing its potential to reduce global emissions in the industrial steam market.
Jericho Energy Ventures (JROOF) has successfully raised CAD$4,414,739 by early exercising 33,990,303 share purchase warrants, which were granted in June 2020. CEO Brian Williamson expressed gratitude for the support from major investors, emphasizing the company's strong capital position to advance its hydrogen growth strategy. Jericho is focusing on commercializing its patented, zero-emissions cleanH2steam Dynamic Combustion Chamber™ technology, addressing the increasing demand for decarbonization in steam-intensive industries amid evolving global emissions regulations.
Jericho Energy Ventures (OTC PINK:JROOF) announced it will present at the Planet MicroCap Showcase: VIRTUAL on April 22, 2021, at 11 AM EST. CEO Brian Williamson will lead the presentation and answer investor questions. Interested participants can access the live presentation through a provided webcast link. Those unable to attend can view recorded presentations on the event platform afterward. Jericho focuses on advancing the low-carbon energy transition, investing in hydrogen technologies and related energy systems.
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