Jericho Energy Ventures
Jericho Energy Ventures is a publicly listed micro-cap energy company operating Oklahoma oil and gas joint venture assets and developing build-to-suit AI data center campuses, anchored by the Black Bear campus in Noble County and a 50-50 JV with Comstock Holding Companies.
- Company typePublic
- Founded2010
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Jericho Energy Ventures does
Jericho Energy Ventures Inc. is a publicly listed (TSXV: JEV; OTC: JROOF) energy company headquartered in British Columbia, Canada, with operational offices in Tulsa, Oklahoma and Newtown, Pennsylvania. The company operates a 1–10 employee organization built on approximately 47,000 net acres of producing oil and gas joint venture interests across Oklahoma's Anadarko Basin (Hunton, Mississippi Lime, Woodford Shale, and STACK Play formations), together with more than 60 miles of existing gas gathering pipelines, rights-of-way, water and grid power infrastructure.
In April 2025 the company launched a second business line — AI Data Centers — anchored by the flagship Black Bear AI Data Center Campus in Noble County, Oklahoma. The offering is a build-to-suit model that targets AI hyperscalers and data center operators seeking powered land with behind-the-meter access to the company's natural gas resources, backed by fiber connectivity (10Gbps to 100Gbps+) on the Oklahoma City–Tulsa corridor.
Revenue mechanics are split between legacy upstream oil and gas production from JV properties and prospective long-term infrastructure services from AI campus tenants under private enterprise contracts; no pricing, contracted MW, or named tenant is publicly disclosed. The company has raised roughly $3.4 million USD across two 2026 private placements, formalized the Oklahoma AI Ventures LLC 50-50 joint venture with Comstock Holding Companies (~US$10 million committed), and remains in negotiation on a proposed all-stock merger with Smartkem Inc. announced in October 2025.
Jericho Energy Ventures firmographics
Firmographics- Name
- Jericho Energy Ventures
- Legal name
- Jericho Energy Ventures Inc.
- Website
- https://jerichoenergyventures.com
- Company type
- Public
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Jericho Energy Ventures is a publicly listed micro-cap energy company operating Oklahoma oil and gas joint venture assets and developing build-to-suit AI data center campuses, anchored by the Black Bear campus in Noble County and a 50-50 JV with Comstock Holding Companies.
- Ownership category
- akta.pro rank
Jericho Energy Ventures industry classification
Industry- Product category
- AI Data Center Infrastructure & Energy Production
- NAICS
- Oil and Gas Extraction (2111), Natural Gas Extraction (211130)
- SIC
- Crude Petroleum & Natural Gas (1311)
- akta.pro primary industry
- Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK)
- akta.pro secondary industries
- Gas-to-Power Project Development (IPP/CPP, Permitting, Financing) (EUALALAC), Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)
Keywords
Where Jericho Energy Ventures is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Jericho Energy Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Oil and Gas Production: Traditional oil and natural gas exploration, development, and production from JV properties across Oklahoma's most prolific formations including Hunton, Mississippi Lime, Woodford Shale, and STACK Play.
- AI Data Center Infrastructure: Developing and operating AI data center campuses leveraging company's energy assets, providing powered land and infrastructure services to AI hyperscalers.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Jericho Energy Ventures product offering
Product offeringCore offering
Jericho Energy Ventures develops build-to-suit AI data center campuses and produces oil and natural gas. Its AI data center offering leverages the company's ~47,000-acre Oklahoma portfolio, 60+ miles of gas/power/water pipelines, and behind-the-meter natural gas power to deliver powered land and infrastructure to AI hyperscalers. Its oil and gas segment operates producing JV properties across Oklahoma's Hunton, Mississippi Lime, Woodford Shale, and STACK Play formations in the Anadarko Basin.
Product overview
Jericho Energy Ventures operates two core business segments: AI Data Centers and Oil & Gas. The AI Data Centers offering includes the flagship Black Bear AI Data Center Campus (launched April 2025) — a build-to-suit data center platform in Oklahoma that leverages the company's existing ~47,000-acre oil and gas portfolio, 60+ miles of gas/power/water infrastructure, and fiber connectivity to deliver high-performance AI computing power. The Oil & Gas segment represents the company's legacy business, focused on exploration and production across Oklahoma's Hunton, Mississippi Lime, Woodford Shale, and STACK Play formations. The strategic positioning combines traditional energy assets with AI infrastructure development to meet growing demand from AI hyperscalers.
Differentiator
Problem solved
Functional benefit
Brands
- Black Bear: JEV's flagship AI data center campus located in Noble County, Oklahoma. A build-to-suit (BTS) data center campus leveraging the company's ~47,000-acre portfolio of producing oil and gas properties with abundant, low-cost on-site natural gas.
Products and services
- AI Data Centers Build-to-suit (BTS) AI data centers purpose-built for high-performance AI computing, leveraging JEV's ~47,000-acre Oklahoma oil and gas portfolio with abundant, low-cost behind-the-meter natural gas power, 60+ miles of gas/power/water infrastructure, and fiber connectivity up to 100Gbps. Positioned between Oklahoma City and Tulsa. Targeted at AI hyperscalers and large data center operators.
- Black Bear AI Data Center Campus JEV's flagship AI data center campus development located in Noble County, Oklahoma. Designed to deliver secure, scalable, high-performance AI computing power leveraging on-site natural gas resources and the company's ~47,000-acre portfolio of producing oil and gas properties with behind-the-meter power.
- Oil & Gas Production Traditional independent oil and natural gas exploration, development, and production from joint venture properties across Oklahoma's Hunton, Mississippi Lime, Woodford Shale, and STACK Play formations in the Anadarko Basin. Operates approximately 47,000 net acres of mineral rights with established energy infrastructure.
Quantifiable outcome
- One of the largest AI data center campuses planned in Oklahoma targeting high-demand AI infrastructure market
Companies that use Jericho Energy Ventures
Customer profileSegments2 records
Ideal customer profiles1 record
Jericho Energy Ventures technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Jericho Energy Ventures partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Smartkem Inc.minorJericho Energy Ventures and Smartkem Inc. entered into a non-binding Letter of Intent for a proposed all-stock merger to create a U.S.-owned AI infrastructure company combining Smartkem's semiconductor innovations with JEV's energy platform. The LOI was extended and aimed at supporting demand for AI data centers.
- AT&T and Leading Fiber ProvidercoreStrategic fiber connectivity partnerships providing high-speed connectivity from 10Gbps scalable to over 100Gbps, supporting AI data center operations on company's Oklahoma acreage.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
Jericho Energy Ventures competitors and assessment
Company assessmentDirect peers
- TeraWulf: TeraWulf (Nasdaq: WULF) is an energy infrastructure operator focused on sustainable, behind-the-meter Bitcoin mining and AI/HPC data center hosting at its Lake Mariner facility in New York. Comparable to JEV as a vertically-integrated energy-to-compute platform transitioning from crypto to AI hosting.
- Range Resources: Range Resources (NYSE: RRC) is an independent natural gas E&P operator in the Appalachian Basin with a long history of unconventional gas development. Comparable to JEV's legacy oil and gas JV operations across Oklahoma's Hunton, Mississippi Lime, and Woodford Shale formations.
- Core Scientific: Core Scientific (Nasdaq: CORZ) emerged from bankruptcy in early 2024 and pivoted its 1.2 GW of energy-powered infrastructure toward AI/HPC hosting, signing major hyperscaler contracts. Comparable to JEV's pivot from a legacy energy/crypto model toward AI data center services.
- Applied Digital: Applied Digital (Nasdaq: APLD) designs, develops, and operates next-generation data centers purpose-built for AI/HPC workloads, with a focus on behind-the-meter and power-constrained solutions. Directly comparable to JEV's Black Bear campus strategy of co-locating compute with proprietary power assets.
- Greenidge Generation: Greenidge Generation (Nasdaq: GREE) operates natural gas-powered data center and hosting operations at its Dresden, NY facility, transitioning from power generation to AI/crypto hosting. Closely comparable to JEV's natural-gas-powered data center thesis.
- Iris Energy: Iris Energy (Nasdaq: IREN) operates renewable-powered data centers for Bitcoin mining and AI/HPC compute, leveraging behind-the-meter energy. Comparable as a small-cap, energy-native compute platform with a similar transition strategy toward AI infrastructure.
Broad incumbents
- Devon Energy: Devon Energy (NYSE: DVN) is a major U.S. independent E&P operator with significant Anadarko Basin acreage and unconventional production assets. Comparable as a broad incumbent in JEV's upstream oil and gas segment, with the scale and capital base that JEV lacks.
- Vantage Data Centers: Vantage Data Centers is a major global hyperscale data center operator with North American campuses. Comparable as a broad incumbent operating in JEV's target customer segment (AI hyperscalers), though much larger and not focused on behind-the-meter gas power.
- Equinix: Equinix (Nasdaq: EQIX) is a global interconnection-focused data center operator with extensive fiber and colocation infrastructure. Comparable as an incumbent serving AI/compute workloads, though Equinix focuses on interconnection density rather than energy asset ownership.
- Digital Realty Trust: Digital Realty (NYSE: DLR) is one of the largest global data center REITs serving hyperscalers and enterprise customers. Comparable as a broad incumbent in the AI data center hosting space that JEV is targeting with its build-to-suit campuses.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights5 records
Customer concentration
Jericho Energy Ventures social profiles
Digital presenceJericho Energy Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Jericho Energy Ventures leadership team
Management profileNumber of profiles
Profiles5 records
Jericho Energy Ventures subsidiaries and ownership
Company hierarchySubsidiaries2 records
Jericho Energy Ventures funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Jericho Energy Ventures M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Jericho Energy Ventures
What does Jericho Energy Ventures do?
Jericho Energy Ventures develops build-to-suit AI data center campuses and produces oil and natural gas. Its AI data center offering leverages the company's ~47,000-acre Oklahoma portfolio, 60+ miles of gas/power/water pipelines, and behind-the-meter natural gas power to deliver powered land and infrastructure to AI hyperscalers. Its oil and gas segment operates producing JV properties across Oklahoma's Hunton, Mississippi Lime, Woodford Shale, and STACK Play formations in the Anadarko Basin.
Is Jericho Energy Ventures a public or private company?
Jericho Energy Ventures is a public company. It is classified as public and is currently operating.
When was Jericho Energy Ventures founded?
Jericho Energy Ventures was founded in 2010. It employs 1 to 10 people.
Where is Jericho Energy Ventures based?
Jericho Energy Ventures is headquartered in Vancouver, Canada, in the North America region.
How does Jericho Energy Ventures make money?
Two revenue lines are on record. Oil and Gas Production is the primary driver. The others are AI Data Center Infrastructure.
Who are Jericho Energy Ventures's main competitors?
Direct peers on record are TeraWulf, Range Resources, Core Scientific, Applied Digital, Greenidge Generation and Iris Energy. Broad incumbents are Devon Energy, Vantage Data Centers, Equinix and Digital Realty Trust.
Does Jericho Energy Ventures have an API?
No public API is recorded for Jericho Energy Ventures.
What industry is Jericho Energy Ventures in?
Jericho Energy Ventures's product category is AI Data Center Infrastructure & Energy Production. Its primary akta.pro industry code is EUAAAAAK, Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance), with a secondary code of EUALALAC, Gas-to-Power Project Development (IPP/CPP, Permitting, Financing). Its NAICS code is 2111 and its SIC code is 1311.