Jericho Energy Ventures reports on energy infrastructure initiatives that connect its Oklahoma oil and gas assets with power solutions for AI data center development. Company updates include on-site power generation, grid interconnection, natural-gas supply, subsurface storage concepts and development activity around its Noble County, Oklahoma AI data center campus.
Recurring news also covers legacy oil and gas asset optimization, private placements, board and management appointments, strategic partnerships and financial reporting status. The company’s public updates frame JROOF as an energy innovation issuer focused on the overlap between power infrastructure, natural gas resources and build-to-suit digital infrastructure.
Jericho Energy Ventures Inc. (OTC PINK:JROOF) has signed a Memorandum of Understanding with EXOGEN Hydrogen Solutions to introduce its innovative DCC™ Boiler to the EU market, promoting zero-emission hydrogen technology for heating and industrial applications. This collaboration coincides with the EU's Green Deal and aims to significantly reduce greenhouse gas emissions, with each boiler effectively eliminating 4,400 tons of CO2 annually. The first installations are expected in 2023, aligning with EXOGEN's green hydrogen production initiatives.
Hydrogen Technologies, a subsidiary of Jericho Energy Ventures (JROOF), will host a free webinar titled Hydrogen for Heat, Carbon-Free in '23 on October 26, 2022. The session, led by President Janet Reiser and CCO Dean Moretton, will discuss the use of 100% hydrogen fueled boilers in decarbonizing industrial and commercial settings amidst growing regulations against natural gas. Additionally, there are only three slots left for the DCC™ Demonstration Week occurring November 14-18, 2022, in Modesto, CA.
Jericho Energy Ventures Inc., through its subsidiary Hydrogen Technologies, successfully completed its first DCC™ Demo Week from September 28-30, showcasing its zero-emission DCC™ boiler technology. The event attracted major industrial players from various sectors, reflecting strong interest in clean steam generation. Due to demand, a second Demo Week is scheduled for November 14-18, 2022. The DCC™ boiler, validated for nearly 100% GHG-free efficiency, aims to replace conventional boilers that contribute significantly to global greenhouse gas emissions. This positions Jericho as a key player in the energy transition.
Hydrogen Technologies, a subsidiary of Jericho Energy Ventures (JROOF), announced that its Dynamic Combustion Chamber (DCC™) hydrogen boiler achieved nearly 100% GHG-free fuel combustion efficiency in independent tests. The DCC™ is the only hydrogen boiler with zero CO2 and GHG emissions. This technology aims to revolutionize the commercial and industrial heat markets by replacing conventional fossil fuel boilers. The company is hosting a DCC™ Demo Week in Modesto, California, from September 28-30, 2022, showcasing the benefits of its clean steam generation technology.
Hydrogen Technologies, a subsidiary of Jericho Energy Ventures (JROOF), will showcase its Dynamic Combustion Chamber (DCC™) hydrogen boiler in Modesto, CA, from September 28 to 30, 2022. This innovative boiler operates with zero CO2 and greenhouse gas emissions, achieving over 97% fuel efficiency. The demonstration, limited to select attendees from various industries, aims to highlight its potential as a competitive alternative to natural gas boilers. Interested parties should contact Dean Moretton for scheduling.
Jericho Energy Ventures (OTC:JROOF) commended the U.S. Government's US$369 billion clean energy bill, particularly the Clean Hydrogen Production Tax Credit (PTC), which offers up to $3 per kg in tax credits for green hydrogen production. This initiative aims to reduce production costs by over 50%, making U.S. clean hydrogen the most affordable globally. The CEO highlighted that this PTC eliminates the green premium on hydrogen, thus facilitating its industrial adoption. A study predicts the green hydrogen market will grow from US$2.14 billion in 2021 to $135.73 billion by 2031, representing a CAGR of 51.6%.
Jericho Energy Ventures Inc. (JROOF) announced the commencement of trading for its common and variable voting shares under the unified ticker 'JEV' on the TSX Venture Exchange as of June 29, 2022. This change follows exemptive relief from the Ontario Securities Commission, allowing these shares to be treated as a single class for key regulatory purposes. Jericho is engaged in both traditional hydrocarbon investments and low-carbon energy transitions, focusing on hydrogen technologies and zero-emission solutions.
Jericho Energy Ventures (JROOF) has announced an amended share structure effective June 29, 2022, following shareholder approval at their annual meeting on June 23, 2022. The changes aim to maintain its foreign private issuer status and reduce compliance costs. The common and variable voting shares will trade under the ticker JEV. The amendment includes creating a new class of shares for U.S. residents and new terms for existing shares. Further details can be found in the company’s management circular.
Jericho Energy Ventures (OTC PINK:JROOF) announced that CEO Brian Williamson will chair a panel on hydrogen technologies at the Hydrogen Technology Expo on June 15, 2022. The event, held in Houston, TX, focuses on innovations for low-carbon hydrogen production and applications.
Jericho is positioned for energy transitions, with investments in hydrogen technologies and traditional hydrocarbon assets. Its subsidiary, Hydrogen Technologies, offers patented zero-emission boiler technology for the $30 billion commercial and industrial heat industry.
Jericho Energy Ventures (TSXV:JEV)(OTC PINK:JROOF) announced that its subsidiary, Supercritical Solutions, secured approximately £146,000 from the UK Department for Business, Energy & Industrial Strategy for Phase 1 of the GreeNH3 project aimed at green ammonia production. This funding supports Supercritical's innovative high-pressure electrolyzer technology powered by renewable energy, which eliminates the need for gas compressors in hydrogen production. The project aims to facilitate sustainable ammonia production, essential for fertilizers and energy carriers.