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Jericho Energy Ventures Unveils Innovative Modular Data Center Initiative, Transforming Natural Gas Assets into AI Powerhouses
Company well positioned to capitalize on Trump administration's pro-energy regulatory landscape ...
About this update from Jericho Energy Ventures Inc
[{"type":"text","content":"Jericho Energy Ventures Unveils Innovative Modular Data Center Initiative, Transforming Natural Gas Assets into AI PowerhousesCompany well positioned to capitalize on Trump administration's pro-energy regulatory landscape TULSA, OK AND VANCOUVER, BC / ACCESS Newswire / March 31, 2025 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC:JROOF)(FRA:JLM) (\"Jericho\", \"JEV\" or the \"Company\") is pleased to announce 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 believes the Company is ideally positioned to capitalize on the Trump administration's pro-energy and pro-development regulatory landscape by leveraging its strategic partnerships, robust infrastructure, prime acreage in Oklahoma's storied energy corridor, and abundant availability of cost-effective natural gas to power data centers.Jericho's Modular Data Center business will be overseen from its Tulsa, Oklahoma regional office, where the Company's oil and gas joint venture currently owns and operates approximately 40,000 acres of productive land.By converting its natural gas into long-term reliable on-site power, JEV intends to offer secure, modular, latest and next-generation computing infrastructure tailored for AI applications - enhancing efficiency, reducing waste, and strengthening energy resilience.In conjunction with this initiative, Jericho will renew its focus on maximizing and developing its traditional energy assets to drive significant production growth.Brian Williamson, CEO of Jericho, stated: \"We are taking a page from the playbook of our industry leaders, utilizing our natural gas and infrastructure as a means to fuel modular AI computing solutions. We believe this unlocks a transformative growth opportunity. By aligning our energy resources with the booming demand for modular AI computing infrastructure, we aim to boost revenue and elevate shareholder value through an innovative, sustainable approach.\"\"In addition to utilizing natural gas assets to power our modular AI centers, we will work with our local utilities and cooperatives to provide redundant cost-effective power solutions to ensure high availability. We also see the pathway where we can leverage our energy transition a...