Jericho Energy Ventures Announces Transition to Semi-Annual Reporting to Enhance Efficiency

About this update from Jericho Energy Ventures Inc

TULSA, OK AND VANCOUVER, BC / ACCESS Newswire / May 15, 2026 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce that, pursuant to Canadian Securities Administrators Coordinated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, as adopted by the British Columbia Securities Commission (the "Blanket Order"), it will transition to a semi-annual financial reporting framework ("SAR"). Jericho will move from quarterly to semi-annual financial reporting in its current fiscal year. Under the Blanket Order, the Company will be exempt from filing interim financial statements and related Management's Discussion and Analysis ("MD&A") for its first and third fiscal quarters. This news release is issued in accordance with the Blanket Order. Jericho will continue to report all material changes and significant developments as required under National Instrument 51-102 - Continuous Disclosure Obligations and applicable securities laws. Management believes that adopting semi-annual reporting will reduce the administrative and financial burden associated with quarterly reporting while allowing the Company to focus additional resources on advancing its business objectives. About Jericho Energy Ventures Jericho Energy Ventures (JEV) is uniquely positioned at the nexus of energy and AI infrastructure. Leveraging our long-producing oil and gas joint venture assets and robust Oklahoma infrastructure, we are deploying scalable, on-site power solutions to build cutting-edge build-to-suit AI Data Centers. With direct access to abundant, low-cost natural gas, we deliver efficient, high-performance energy solutions -- reducing waste, maximizing output, and unlocking long-term value in the rapidly converging AI and energy markets. For more information, please visit jerichoenergyventures.com. Contact: Brian Williamson, CEO, orAdam Rabiner, Investor Relations Jericho Energy Ventures Inc. T: +1 604-343-4534E: [email protected] Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities laws. F...

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