Jericho Energy Ventures Inc. (JLM)

Overview

Jericho Energy Ventures Inc., initially established as Jericho Oil Corporation, underwent a significant rebranding in March 2021 to better reflect its diversified venture into the energy sector. With its foundation laid in 2010 and headquartered in Vancouver, Canada, the company has expanded its core business from primarily focusing on the acquisition, exploration, development, and production of oil and natural gas in the United States. In aligning with modern energy transition dynamics, Jericho Energy Ventures Inc. has ventured into innovative energy solutions, including hydrogen technologies, energy storage, carbon capture, and new energy systems, positioning itself at the forefront of sustainable energy advancements.

Products and Services

• Oil and Natural Gas Exploration & Production

  Utilizing advanced techniques and years of industry experience, Jericho Energy Ventures Inc. embarks on the acquisition, exploration, development, and production of oil and natural gas. This core segment of their business caters to the energy sector's demand for traditional energy resources, leveraging extensive expertise in identifying and extracting valuable resources efficiently.

• Hydrogen Technologies

  Acknowledging the surge in demand for clean energy solutions, the company has expanded its portfolio to include hydrogen technologies. This involves the development and investment in systems that can produce, store, and utilize hydrogen in a manner that supports the global transition towards less carbon-intensive energy sources. Hydrogen technology holds the promise of providing a sustainable and versatile energy carrier that can dramatically reduce greenhouse gas emissions across multiple industries.

• Energy Storage Solutions

  Energy storage systems are pivotal in addressing the intermittency of renewable energy sources. Jericho Energy Ventures Inc. invests in state-of-the-art energy storage solutions that enable a more reliable and steady supply of energy, facilitating the broader adoption of renewable energy technologies by improving grid stability and reducing dependence on traditional energy sources.

• Carbon Capture and Sequestration (CCS)

  Understanding the critical importance of reducing atmospheric carbon to mitigate climate change, the company has engaged in carbon capture and sequestration (CCS) projects. These initiatives focus on capturing carbon dioxide emissions directly from the source or even from the air and securely storing it underground or utilizing it in various industrial applications, thus significantly reducing the environmental impact of fossil fuels and other industrial processes.

• New Energy Systems

  Jericho Energy Ventures Inc. prides itself on its investment in the research, development, and deployment of new energy systems that aim to revolutionize the way energy is generated, distributed, and utilized. This includes exploring emerging technologies that have the potential to enhance energy efficiency, reduce costs, and further contribute to a sustainable environmental future.