Jericho Energy Ventures' AI Data Center Sites Favorably Positioned on Major U.S. Fiber Route
Jericho Energy Ventures (JROOF) is advancing its AI Modular Data Center project in Oklahoma, leveraging its strategic location along a major U.S. fiber route. The company has partnered with AT&T to implement a minimum 10Gbps fiber optic connectivity at its initial site, with capability to scale beyond 100Gbps. According to an April 2025 IEA report, AI data centers are projected to represent half of U.S. electricity demand growth, exceeding the combined power consumption of various energy-intensive industries by 2030.
The company's competitive advantages include strategically positioned fiber-connected infrastructure and access to low-cost natural gas, enabling it to provide scalable, high-performance solutions for the growing AI and energy sectors. The modular design of their data centers facilitates quick deployment and expansion to meet evolving AI workload requirements.
Jericho Energy Ventures (JROOF) sta portando avanti il suo progetto di Data Center Modulare AI in Oklahoma, sfruttando la sua posizione strategica lungo una delle principali rotte in fibra ottica degli Stati Uniti. L'azienda ha collaborato con AT&T per implementare una connettività in fibra ottica di almeno 10Gbps nel sito iniziale, con la possibilità di scalare oltre i 100Gbps. Secondo un rapporto IEA di aprile 2025, i data center per l'AI sono destinati a rappresentare metà della crescita della domanda elettrica negli Stati Uniti, superando entro il 2030 il consumo combinato di energia di diversi settori ad alta intensità energetica.
I vantaggi competitivi dell'azienda includono un'infrastruttura connessa in fibra ottica posizionata strategicamente e l'accesso a gas naturale a basso costo, permettendo di offrire soluzioni scalabili e ad alte prestazioni per i settori in crescita dell'AI e dell'energia. Il design modulare dei loro data center facilita un rapido dispiegamento e l'espansione per soddisfare le esigenze in evoluzione dei carichi di lavoro AI.
Jericho Energy Ventures (JROOF) está avanzando en su proyecto de Centro de Datos Modular de IA en Oklahoma, aprovechando su ubicación estratégica a lo largo de una importante ruta de fibra óptica en EE. UU. La empresa se ha asociado con AT&T para implementar una conectividad de fibra óptica mínima de 10Gbps en su sitio inicial, con capacidad para escalar más allá de 100Gbps. Según un informe de la IEA de abril de 2025, se proyecta que los centros de datos de IA representen la mitad del crecimiento de la demanda eléctrica en EE. UU., superando para 2030 el consumo combinado de energía de varias industrias intensivas en energía.
Las ventajas competitivas de la compañía incluyen una infraestructura conectada a fibra óptica estratégicamente ubicada y acceso a gas natural de bajo costo, lo que le permite ofrecer soluciones escalables y de alto rendimiento para los sectores en crecimiento de IA y energía. El diseño modular de sus centros de datos facilita un despliegue rápido y una expansión para satisfacer las necesidades cambiantes de las cargas de trabajo de IA.
Jericho Energy Ventures (JROOF)는 미국 오클라호마에서 AI 모듈형 데이터 센터 프로젝트를 추진하고 있으며, 주요 미국 광섬유 경로를 따라 전략적 위치를 활용하고 있습니다. 회사는 초기 사이트에 최소 10Gbps 광섬유 연결을 구현하기 위해 AT&T와 협력했으며, 100Gbps 이상으로 확장할 수 있는 역량을 갖추고 있습니다. 2025년 4월 IEA 보고서에 따르면 AI 데이터 센터는 2030년까지 미국 전력 수요 증가의 절반을 차지할 것으로 예상되며, 여러 에너지 집약 산업의 전력 소비량을 합친 것보다 많을 것입니다.
회사의 경쟁력은 전략적으로 위치한 광섬유 연결 인프라와 저비용 천연 가스 접근성에 있으며, 이를 통해 성장하는 AI 및 에너지 부문에 대해 확장 가능하고 고성능 솔루션을 제공할 수 있습니다. 데이터 센터의 모듈형 설계는 진화하는 AI 작업 부하 요구를 충족하기 위해 빠른 배치와 확장을 용이하게 합니다.
Jericho Energy Ventures (JROOF) fait progresser son projet de centre de données modulaire IA en Oklahoma, tirant parti de son emplacement stratégique le long d'une importante route de fibre optique aux États-Unis. L'entreprise s'est associée à AT&T pour mettre en place une connectivité fibre optique minimale de 10Gbps sur son site initial, avec la capacité d'évoluer au-delà de 100Gbps. Selon un rapport de l'AIE d'avril 2025, les centres de données IA devraient représenter la moitié de la croissance de la demande électrique aux États-Unis, dépassant d'ici 2030 la consommation combinée de plusieurs industries énergivores.
Les avantages concurrentiels de la société incluent une infrastructure connectée par fibre optique stratégiquement positionnée et un accès à du gaz naturel à faible coût, lui permettant de fournir des solutions évolutives et performantes pour les secteurs en croissance de l'IA et de l'énergie. La conception modulaire de leurs centres de données facilite un déploiement rapide et une expansion pour répondre aux besoins changeants des charges de travail IA.
Jericho Energy Ventures (JROOF) treibt sein AI-Modulares Rechenzentrum-Projekt in Oklahoma voran und nutzt dabei seine strategische Lage entlang einer wichtigen US-Faseroptikroute. Das Unternehmen hat mit AT&T zusammengearbeitet, um an seinem ersten Standort eine Mindestverbindung von 10Gbps Glasfaser zu realisieren, mit der Möglichkeit, auf über 100Gbps zu skalieren. Laut einem IEA-Bericht vom April 2025 werden AI-Rechenzentren bis 2030 voraussichtlich die Hälfte des Wachstums des US-Strombedarfs ausmachen und damit den kombinierten Energieverbrauch mehrerer energieintensiver Branchen übersteigen.
Die Wettbewerbsvorteile des Unternehmens umfassen strategisch positionierte, glasfaserverbundene Infrastruktur und Zugang zu kostengünstigem Erdgas, was es ermöglicht, skalierbare Hochleistungs-Lösungen für die wachsenden AI- und Energiesektoren anzubieten. Das modulare Design ihrer Rechenzentren erleichtert eine schnelle Implementierung und Erweiterung, um den sich entwickelnden Anforderungen von AI-Arbeitslasten gerecht zu werden.
- Strategic location along major U.S. fiber route provides competitive advantage
- Partnership with AT&T for minimum 10Gbps fiber connectivity, scalable to 100Gbps
- Access to low-cost natural gas resources for cost-effective operations
- Modular design enables rapid deployment and scalability
- Positioned in growing market with AI data centers expected to drive significant electricity demand
- High electricity consumption requirements for AI data centers could impact operational costs
- Potential competition in the growing AI data center market
- Dependency on AT&T for fiber connectivity
IEA Predicts AI Data Centers Will Account for Half of U.S. Electricity Demand Growth
TULSA, OK / ACCESS Newswire / May 2, 2025 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTC PINK:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is capitalizing on its strategic positioning along a main U.S. fiber 'superhighway' route to fast-track the development of its AI Modular Data Center project in Oklahoma.
JEV's management considers its strategically located, fiber-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 centers 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, CEO of JEV, commented: "Locating our modular data centers directly on the fiber 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 center 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 10Gbps of fiber optic connectivity at its initial Modular High Performance AI Data Center site. This installation leverages advanced data transfer protocols and is engineered to scale beyond 100Gbps to meet future demand.
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 modular 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.
JEV is also driving the clean hydrogen energy transition. Our wholly owned subsidiary, Hydrogen Technologies, delivers patented zero-emission boiler and burner systems for commercial and industrial heat and steam applications. We also hold a significant minority stake and a board position in California Catalysts (formerly H2U Technologies), a leading innovator in electrolysis materials.
At JEV, our mission is clear: to innovate relentlessly, optimize energy resources, and power tomorrow's breakthroughs, one bold step at a time.
Website: www.jerichoenergyventures.com
X: https://x.com/JerichoEV
LinkedIn: www.linkedin.com/company/jericho-energy-ventures
YouTube: www.youtube.com/c/JerichoEnergyVentures
CONTACT:
Adam Rabiner, Investor Relations
Jericho Energy Ventures Inc.
Tel. 604.343.4534
Email: investorrelations@jerichoenergyventures.com
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable securities laws. Such forward-looking statements are not representative of historical facts or information or current condition, but instead represent only Jericho's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Jericho's control. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may", "will" or "may not" occur. Specifically, this news release contains forward-looking statements relating to, among others, the completion of its new AI Modular Data Centers initiative launch and successful supplier and customer adoption.
Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements, which include, but are not limited to: regulatory changes; changes to the definition of, or interpretation of, foreign private issuer status; the impacts of COVID-19 and other infectious diseases; general economic conditions; industry conditions; current and future commodity prices and price volatility; significant and ongoing stock market volatility; currency and interest rate fluctuation; governmental regulation of the energy industry, including environmental regulation; geological, technical and drilling problems; unanticipated operating events; the availability of capital on acceptable terms; the need to obtain required approvals from regulatory authorities; liabilities and risks inherent in oil and gas exploration, development and production operations; liabilities and risks inherent in early stage hydrogen technology projects, energy storage, carbon capture and new energy systems; changes in government environmental objectives or plans; and the other factors described in Jericho's public filings available at www.sedarplus.ca.
The forward-looking statements contained herein are based on certain key expectations and assumptions of Jericho concerning anticipated financial performance, business prospects, strategies, regulatory regimes, the sufficiency of budgeted capital expenditures in carrying out planned activities, the ability to obtain financing on acceptable terms, expansion of consumer adoption of the Company's (or its subsidiaries') technologies and products, all of which are subject to change based on market conditions, potential timing delays and other risk factors. Although Jericho believes that these assumptions and the expectations are reasonable based on information currently available to management, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Investors should not place undue reliance on forward-looking statements.
Readers are cautioned that the foregoing lists are not exhaustive. The forward-looking statements contained in this news release are made as of the date of this news release, and Jericho does not undertake to update any forward-looking statements that are contained or referenced herein, except as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Jericho Energy Ventures, Inc.
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