Jericho Energy Ventures Inc. is pleased to announce that the US Patent and Trademark Office has allowed a new patent for the state-of-the-art, zero-emission DCC™ hydrogen-fueled steam boiler, developed by its wholly-owned subsidiary, Hydrogen Technologies .¹ In addition to the newly allowed patent, HT has two patents pending to further protect and enhance the DCC™'s novel IP as the Company begins to receive [...]
Jericho Energy Ventures Inc. is greatly encouraged by a recent analysis conducted by Rystad Energy, an independent energy research and business intelligence firm. This analysis places the HALO Hydrogen Hub at an impressive second position within a compilation of the ten hydrogen hubs projected to achieve success in securing funding as part of the U.S. Department of Energy's Regional Clean Hydrogen Hubs program . The [...]
Breakthrough Agreement Ushers in a New Era of Campus Heating Decarbonization Jericho Energy Ventures Inc. is delighted to announce that a prominent Western University has elected to adopt JEV's state-of-the-art, zero-emission DCC™ hydrogen-fueled steam boiler for deployment within the university's district heat system. The DCC™ is a cutting-edge product developed by JEV's wholly owned subsidiary, Hydrogen [...]
Jericho Energy Ventures Inc. is pleased to announce a collaboration with a leading global alcoholic beverage company to conduct a decarbonization study on the implementation of its DCC™ boilers across the beverage company's production facilities in four different countries. Jericho's wholly owned subsidiary, Hydrogen Technologies , is spearheading the project, leveraging its expertise as the developer of the [...]
Jericho Energy Ventures Inc. , EXOGEN Hydrogen Solutions and Sofinter Group are pleased to announce a strategic industrial partnership to manufacture, implement, and service an innovative new Hydrogen Steam Plant, the HSP3000, as a scalable, turnkey solution. INDUSTRIAL PARTNERSHIP The HSP3000 is being produced and assembled by industry leader Sofinter Group. This first-of-its-kind hydrogen steam plant features the [...]
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 [...]
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