Mr. Brian Williamson reports

JERICHO ENERGY VENTURES' AI DATA CENTER SITES FAVORABLY POSITIONED ON MAJOR U.S. FIBER ROUTE

Jericho Energy Ventures Inc. is capitalizing on its strategic positioning along a main U.S. fibre superhighway route to fast-track the development of its AI (artificial intelligence) modular data centre project in Oklahoma.

Jericho Energy Ventures' management considers its strategically located, fibre-connected energy infrastructure and access to low-cost natural gas as key advantages in providing high-performance, scalable solutions to meet the rising demands of the AI and energy sectors.

An April, 2025, International Energy Agency (IEA) report projects that AI data centres will account for half of the U.S. electricity demand growth, surpassing the combined electricity consumption of aluminum, steel, cement, chemicals and other energy-intensive industries by 2030.

Brian Williamson, chief executive officer of Jericho Energy Ventures, commented: "Locating our modular data centres directly on the fibre backbone gives us a speed and efficiency advantage, while our abundant energy resources allow us to offer reliable, cost-effective AI compute power. Our modular data centre design enables rapid deployment and expansion, providing the flexibility and performance demanded by next-generation AI workloads." Jericho recently partnered with AT&T to deploy a minimum of 10 gigabits per second of fibre optic connectivity at its initial modular high-performance AI data centre site. This installation leverages advanced data transfer protocols and is engineered to scale beyond 100 gigabits per second to meet future demand.

About Jericho Energy Ventures Inc.

Jericho Energy Ventures is uniquely positioned at the nexus of energy and AI infrastructure. Leveraging its long-producing oil and gas joint venture assets and robust Oklahoma infrastructure, Jericho Energy Ventures is deploying scalable, on-site power solutions to build cutting-edge modular AI data centres. With direct access to abundant, low-cost natural gas, Jericho Energy Ventures delivers efficient, high-performance energy solutions -- reducing waste, maximizing output, and unlocking long-term value in the rapidly converging AI and energy markets.

Jericho Energy Ventures is also driving the clean hydrogen energy transition. The company's wholly owned subsidiary, Hydrogen Technologies, delivers patented zero-emission boiler and burner systems for commercial and industrial heat and steam applications. Jericho Energy Ventures also holds a significant minority stake and a board position in California Catalysts (formerly H2U Technologies), a leading innovator in electrolysis materials.

At Jericho Energy Ventures, the company's mission is clear: to innovate relentlessly, optimize energy resources and power tomorrow's breakthroughs, one bold step at a time.

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