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 [...]
Expanded borrowing base capacity reflects increasing reserves value New credit facility replaces its federal Main Street Lending Program facility Jericho Energy Ventures Inc. is pleased to announce that it has refinanced and expanded the borrowing base under its joint Senior Secured Revolving Credit Facility for its oil and gas joint venture with a new bank lender. The Facility was previously held under the COVID-related [...]
Jericho Energy Ventures Inc. is pleased to announce that it is a proud stakeholder in the Pacific Northwest Hydrogen Association, which has received a letter of encouragement from the U.S. Department of Energy to submit a full application for funding to construct a regional clean hydrogen hub in the Pacific Northwest. JEV's PNWH2 hub submission included the utilization of its novel zero-emission Dynamic Combustion [...]
Further to its news release on December 15, 2022, Jericho Energy Ventures Inc. is pleased to announce that the U.S. Department of Energy has encouraged the HALO Hydrogen Hub to submit a full application for the Regional Clean Hydrogen Hubs Program. After completing independent evaluations of 79 first round concept papers, the DOE has invited 33 applicants - including the HALO Hub -- to submit final applications. JEV is a [...]
Jericho Energy Ventures Inc. is pleased to announce that it is a participant in the HALO Hydrogen Hub, the mandate of which is to develop a Regional Clean Hydrogen Hub through the U.S. Department of Energy . The HALO Hub is a three-state public-private partnership across Louisiana, Oklahoma, and Arkansas. The DOE's Regional Clean Hydrogen Hubs program-or H2Hubs-includes up to US$7 billion in funding to assist with the [...]
Jericho Energy Ventures Inc. is pleased to announce that the zero-emission Dynamic Combustion Chamber™ hydrogen fueled boiler, developed by its wholly owned subsidiary, Hydrogen Technologies, has been awarded the Solar Impulse Foundation's "Solar Impulse Efficient Solution" Label which identifies solutions that meet specific high standards in profitability and sustainability and presents them to global [...]
Delivers strong third quarter results highlighted by 51% YoY revenue growth within its oil and gas joint ventures Company continues to capitalize on the sustained surge in oil and gas prices Jericho Energy Ventures Inc. reports strong year-over-year financial performance at its oil and gas joint ventures in Oklahoma, driven by elevated crude oil and natural gas prices for the first three quarters of 2022. Key nine-month [...]
Jericho Energy Ventures Inc. announces that it has granted 300,000 incentive stock options , pursuant to its stock option plan , to a director of the Company. The Options are exercisable at a price of CAD$0.35 for a period of up to 5 years. About Jericho Energy Ventures Jericho Energy Ventures is an energy company positioned for the current energy transitions; owning, operating and developing both traditional hydrocarbon [...]
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