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Jericho Energy Ventures Announces 20 MW Grid Power and Accelerated Grid Interconnection for Oklahoma AI Data Center Campus

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
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AI

Jericho Energy Ventures (OTC:JROOF) announced that a newly constructed 345 kV transmission line crossing its Noble County, Oklahoma AI Data Center Campus plus updated Southwest Power Pool (SPP) grid rules will enable expedited interconnection. The site will have 20 MW of immediately available capacity beginning January 2026 and is described as supported by scalable infrastructure capable of supplying multiple gigawatts of combined grid and natural-gas generation for build-to-suit data centers. The company also noted CEO Brian Williamson will join an investor webcast on Dec 4, 2025.

This update highlights near-term deliverable power and a regulatory pathway the company says could enable large-scale future expansion of data center power at the AI Campus.

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Positive

  • 20 MW immediately available capacity from Jan 2026
  • Site bisected by a 345 kV transmission line enabling fast interconnection
  • SPP grid rule updates accelerate new-generation interconnection
  • Scalable infrastructure with potential for multi-gigawatt power supply

Negative

  • None.

News Market Reaction

-7.56%
1 alert
-7.56% News Effect

On the day this news was published, JROOF declined 7.56%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Current price: $0.0694 20-day avg volume: 141,375 shares 52-week range: $0.0408 – $0.16 +5 more
8 metrics
Current price $0.0694 Pre-news price for JROOF
20-day avg volume 141,375 shares Liquidity backdrop before AI grid-power news
52-week range $0.0408 – $0.16 Positioned 56.63% below 52-week high pre-news
200-day MA $0.10 Benchmark vs pre-news price of $0.0694
Immediate grid capacity 20 MW Available at Oklahoma AI Campus from January 2026
Transmission line rating 345 kV New transmission line traversing the AI Campus site
Energy portfolio size 41,000 acres Jericho’s Oklahoma energy portfolio including AI Campus
Historical reaction -7.56% 24h move after this same Dec 4, 2025 AI grid-power news

Market Reality Check

Price: $0.0712 Vol: Volume 114,614 vs 20-day ...
normal vol
$0.0712 Last Close
Volume Volume 114,614 vs 20-day average 141,375 (relative volume 0.81) ahead of this AI grid-power update. normal
Technical Shares traded below the 200-day MA of 0.10 with a pre-news price of 0.0694, indicating a weak longer-term trend into this announcement.

Peers on Argus

Pre-news moves in key Energy peers were mixed, with some modest gains (e.g., LRD...

Pre-news moves in key Energy peers were mixed, with some modest gains (e.g., LRDC and TAOIF up around 1%) and others flat or slightly negative, suggesting this AI data center grid-power news was more stock-specific than part of a broad sector rotation.

Historical Context

4 past events · Latest: Dec 04 (Positive)
Pattern 4 events
Date Event Sentiment Move Catalyst
Dec 04 AI grid power update Positive -7.6% Announced 20 MW immediate capacity and expedited 345 kV grid interconnection.
Nov 06 AI summit participation Positive -1.6% Highlighted Morrison Data Center site and existing Oklahoma AI infrastructure.
Sep 30 Interim CFO & AI site Positive +0.6% Named interim CFO and announced inaugural Oklahoma AI data center location.
Jul 07 AI partnership expansion Positive -2.7% Formed partnership to add large Ohio and Nevada AI data center sites.
Pattern Detected

Recent AI-related announcements have often been followed by negative price reactions, even when the news described infrastructure expansion or strategic progress.

Recent Company History

Over the last few months, Jericho has steadily built its AI infrastructure story. The company unveiled its Modular Data Center initiative on Mar 31, 2025, then added AT&T fiber connectivity in early April. Subsequent AI updates highlighted oil and gas revitalization tied to AI power and the Morrison Data Center site. The current Noble County grid-power announcement on Dec 4, 2025 extends this trajectory by emphasizing immediate 20 MW capacity and a path to multi-gigawatt expansion.

Market Pulse Summary

The stock moved -7.6% in the session following this news. A negative reaction despite infrastructure...
Analysis

The stock moved -7.6% in the session following this news. A negative reaction despite infrastructure progress fits prior patterns, where several AI-tagged updates led to declines, including a -7.56% move on this same grid-power news. The stock already traded below its $0.10 200-day MA, so weakness may reflect skepticism about monetization of the 20 MW capacity and broader execution risks around scaling to multi-gigawatt levels.

AI-generated analysis. Not financial advice.

New 345 kV transmission access and updated grid rules enable rapid site expansion, with scalable infrastructure ready to support multi-GWs of future data center power generation

TULSA, OK / ACCESS Newswire / December 4, 2025 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company"), an energy innovation company positioned at the nexus of energy and AI infrastructure, is pleased to announce a significant advancement in immediate power accessibility at its inaugural AI Data Center Campus (the "AI Campus") in Noble County, Oklahoma, a key asset within JEV's 41,000-acre energy portfolio. Recent regulatory updates by the grid operator, Southwest Power Pool ("SPP"), have accelerated the interconnection process for new generation resources.

In addition, a newly constructed 345 kV transmission line traversing Jericho's AI Campus site positions it for expedited grid interconnection and enhanced access to reliable power -- delivering 20 MW of immediately available capacity beginning in January 2026, supported by robust, scalable infrastructure with the potential to supply multiple gigawatts of combined grid power and natural-gas generation for build-to-suit data center development.

"Access to immediate, scalable power is the linchpin of successful data center development," said Brian Williamson, CEO of Jericho Energy Ventures. "With 20 megawatts available in early 2026 and SPP clearing a pathway to gigawatt-scale capacity, our AI Campus is now uniquely positioned to meet the surging energy demands of next-generation digital infrastructure."

JEV to Participate in AI Investor Webcast on December 4, 2025

Jericho also announces that its CEO, Brian Williamson, will join the panel for The AI Wave: Opportunities, Disruptions, and What Comes Next on Thursday, Dec. 4 at 11 a.m. ET, hosted by InvestorTV. Interested attendees can register here: https://globalonemedia.zoom.us/webinar/register/WN_jKsJnslPQd2unBG6QWVDNQ#/registration

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.

At JEV, our mission is clear: to innovate relentlessly, optimize energy resources, and power tomorrow's breakthroughs, one bold step at a time.

For more information, visit the JEV website or follow on LinkedIn.

Contact:
Brian Williamson, CEO, or
Adam Rabiner, Investor Relations
Jericho Energy Ventures Inc.
T: +1 604-343-4534
E: investorrelations@jerichoenergyventures.com

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. Forward-looking statements are not historical facts but reflect the current expectations of Jericho Energy Ventures Inc. ("Jericho") regarding future events, performance, or results, and are often identified by words such as "expect," "anticipate," "intend," "believe," "estimate," "may," "will," "could," or similar expressions.

Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Such factors include regulatory approvals, general economic conditions, industry risks, access to capital, technological development risks, and those described in Jericho's public filings at www.sedarplus.ca.

Forward-looking statements are based on reasonable assumptions as of the date hereof, but Jericho cannot guarantee future results. Readers are cautioned not to place undue reliance on such statements. Except as required by law, Jericho undertakes no obligation to update or revise them.

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.



View the original press release on ACCESS Newswire

FAQ

What capacity will Jericho's Oklahoma AI Campus have available in January 2026 (JROOF)?

The company says 20 MW of immediately available capacity will be deliverable beginning January 2026.

How does the new 345 kV transmission line affect Jericho's (JROOF) data center interconnection?

The new 345 kV line traverses the AI Campus and is described as positioning the site for expedited grid interconnection and reliable power access.

What regulatory change did Southwest Power Pool (SPP) make that impacts JROOF's AI Campus?

SPP implemented updated grid rules that the company says accelerate the interconnection process for new generation resources.

Does Jericho (JROOF) claim the AI Campus can support gigawatt-scale power?

Yes; the company states the infrastructure could potentially supply multiple gigawatts of combined grid power and natural-gas generation for build-to-suit data centers.

When is Jericho's CEO participating in an investor webcast about AI (JROOF)?

CEO Brian Williamson is scheduled to join a webcast panel on December 4, 2025 at 11 a.m. ET.
Jericho Energy Ventures Inc

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