Jericho Energy Ventures Inc. is pleased to report that its portfolio company, H2U Technologies , has announced the successful demonstration of the first non-iridium Proton Exchange Membrane electrolyzer for commercial hydrogen production. Today, all commercially available PEM electrolyzers rely on iridium catalysts to function. As the electrolyzer industry grows, global iridium scarcity poses a serious threat to scale-up [...]
Jericho Energy Ventures Inc. is pleased to announce that it has executed a Memorandum of Understanding , dated May 10, 2023, with Ramp Equity Capital Partners, a private equity advisory fund focused on renewable energy globally, to bring the novel DCC™ zero-emission hydrogen boiler, developed by JEV's wholly owned subsidiary, Hydrogen Technologies , to the South Korean market. Ramp is affiliated with one of South [...]
Delivers strong 2022 results highlighted by 37% YoY revenue growth within its oil and gas joint ventures Company intends to increase production and cash flow with start of 2023 drilling program Jericho Energy Ventures Inc. is pleased to report strong year-over-year financial performance at its oil and gas joint ventures in Oklahoma, driven by elevated crude oil and natural gas prices during 2022. Key FY 2022 highlights [...]
Proved Developed Reserves Increases 32% to $27 Million Lazarus #1 vertical well continues to outperform management expectations Jericho Energy Ventures Inc. is pleased to announce the results of its December 31, 2022 reserves evaluation for its interests in oil and gas properties in Oklahoma as prepared by Cawley, Gillespie & Associates, Inc. , the Company's independent reserves evaluator. The evaluation was prepared in [...]
Jericho Energy Ventures Inc. is proud to announce its participation at the upcoming Sequire Investor Summit. This highly anticipated event, scheduled for April 24-26, 2023 at La Concha Resort in San Juan, Puerto Rico, promises to offer an array of exciting opportunities for funds, companies, and investors. One of the standout highlights of this year's summit is the focus on great tax laws in Puerto Rico, which offers a [...]
Hydrogen Technologies , developer of the patented, zero-emission DCC™ hydrogen-fueled boiler, is pleased to announce that the U.S. Department of Energy is now offering grant funding up to 80% to businesses interested in deploying hydrogen boilers to decarbonize industrial operations. These grants support businesses with operations in the U.S. in their efforts to decarbonize their steam production using technologies [...]
Jericho Energy Ventures Inc. is pleased to announce, further to its news release dated March 7, 2023, that it has closed a non-brokered private placement of 8,662,745 units at CAD$0.26 per unit for gross proceeds of $2,252,313.70. Each unit consists of one common share and one warrant, with each warrant entitling the holder to purchase one share at a price of $0.50 for a period of two years from closing. The Financing was [...]
Jericho Energy Ventures Inc. is pleased to announce that its portfolio company, H2U Technologies, and Tokyo Gas Co., Ltd. have partnered under a multi-year Joint Development Agreement to discover novel catalysts and develop techniques to apply those catalysts onto membranes. The companies will leverage H2U's proprietary Catalyst Discovery Engine™ to reduce the cost of Proton Exchange Membrane electrolyzers. The [...]
Jericho Energy Ventures Inc. is pleased to announce that it has arranged a non-brokered private placement at a price of CAD$0.26 per unit for gross proceeds of approximately $2 million. The Units will consist of one common share and one warrant, whereby each warrant will entitle the holder to purchase one Share at a price of $0.50 per Share for a period of two years. The Financing will be led by insiders and existing [...]
Jericho Energy Ventures Inc. is pleased to announce that EXOGEN Hydrogen Solutions , its partner in the European Union for JEV's breakthrough, zero-emission hydrogen DCC™ boiler technology, has been accepted for membership into Hydrogen Europe. Hydrogen Europe is the European association representing the interest of the hydrogen industry and its stakeholders and promoting hydrogen as an enabler of a zero-emission [...]
Hydrogen Technologies , a wholly owned subsidiary of Jericho Energy Ventures Inc. , announces that it will be attending and presenting at IDEA's CampusEnergy2023 conference, De-Carbonizing the Campus: Planning, Tools & Technologies, which will be held February 27 - March 2, 2023 at the Gaylord Texan Resort & Conference Center in Grapevine, TX. CampusEnergy2023 is expected to attract more than 1100 attendees, including [...]
Initial production rates of Company's first drilled well since 2018 exceed management expectations Jericho Energy Ventures Inc. is pleased to announce that the Lazarus #1 vertical well , drilled by its Eagle Road Oil, LLC joint venture¹ has been put on production with an initial 45-day average oil rate of 75 barrels per day and average natural gas rate of 65 mcf per day. Critically, the Lazarus oil and natural gas [...]
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