Category: Oil & Gas

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Base Metals Energy Junior Mining Oil & Gas

Jericho Energy Ventures Announces Early Exercise of Warrants for Proceeds of $4.41 Million


Press Release


Corporate Presentation

About Jericho Energy Ventures

Jericho Energy Ventures (www.jerichoenergyventures.com) (JEV) is focused on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture and new energy systems. JEV’s wholly owned subsidiary, Hydrogen Technologies, delivers patented, zero-emission, boiler technology to the $30 Billion Commercial & Industrial heat and steam industry.JEV also owns and operates producing oil and gas assets in the US Mid-Continent, predominantly in Oklahoma.

CONTACT:

Adam Rabiner
Director of IR
Jericho Energy Ventures
604.343.4534
adam@jerichoenergyventures.com

Proven and Probable

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Base Metals Energy Junior Mining Oil & Gas

Jericho Energy Ventures Reports Q1-2021 Business Update: Growing Demand for its DCC™ Hydrogen Boiler Across Multiple Industries


Press Release


Corporate Presentation

Ryan Breen, Head of Corporate Strategy at JEV & HTI, commented, “Our growing customer pipeline is a testament to our unique zero-emissions hydrogen-based boiler. Intensifying efforts by large steam consuming corporations to achieve their Net-Zero goals, in addition to supportive public policy, provide strong tailwinds to our business fundamentals. We look forward to further educating the market about our new hydrogen-based solution and converting robust customer interest into repeatable sales.”

About Jericho Energy Ventures

Jericho Energy Ventures (https://jerichoenergyventures.com) is focused on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture and new energy systems.

CONTACT:

Adam Rabiner
Director of IR
Jericho Energy Ventures
604.343.4534
adam@jerichoenergyventures.com

Proven and Probable

Categories
Base Metals Energy Oil & Gas

The Plumber & Steamfitters Local 442 Union Supports Jericho Energy Ventures cleanH2steam DCCTM Boiler


Corporate Presentation


Press Release

Bill Taylor, President of the Local 442, stated, “It has truly been a pleasure to work with Ed Stockton and the HTI team during the testing and evolution of the clean H2steam DCCTM Boiler. For us, this appeared to be the door to the future in creating clean steam and energy as we move away from emitting fossil fuels and we needed to be part of that. When Ed approached me, it was apparent that his patented technology would be a natural fit for us, creating hundreds if not thousands of jobs for our highly skilled and trained workforce. We are looking forward to a long and rewarding relationship as we enter this next phase where we will be playing an active role in the building and installation of new cleanH2steam DCCTM Boiler systems.”     

About Jericho Energy Ventures

Jericho Energy Ventures (https://jerichoenergyventures.com) is focused on advancing the low-carbon energy transition with investments in hydrogen technologies, energy storage, carbon capture and new energy systems.

CONTACT:

Adam Rabiner
Director of IR
Jericho Energy Ventures
604.343.4534
adam@jerichoenergyventures.com

Proven and Probable

Categories
Energy Junior Mining Oil & Gas

Jericho Proud to Support Hydrogen Council’s Newest Report Highlighting Hydrogen’s Growing Role in the Clean Energy Sector


Press Release

Brian Williamson, CEO of Jericho, states, “Supported by the global shift of regulators, investors and consumers toward decarbonization, hydrogen is receiving unprecedented interest and investments. Given Jericho’s recent acquisition of Hydrogen Technologies Inc.’s novel and patented hydrogen-based cleanH2steam DCC boiler, we are pleased to see industry reports outlining the incredible progress and macro tailwinds pushing hydrogen as a zero-carbon fuel and feedstock required to meet our global sustainability goals. Our HTI cleanH2steam DCC boiler solution provides zero emissions, higher overall efficiencies while remaining cost competitive with traditional hydrocarbon boiler systems.”

CONTACT:

Adam Rabiner
Director, Investor Relations
604.343.4534
a.rabiner@jerichooil.com

Categories
Base Metals Energy Junior Mining Oil & Gas

Jericho Expands Energy Portfolio with Agreement for the Acquisition of Hydrogen Technology


Press Release


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Brian Williamson, CEO of Jericho Oil Corporation, states, “We are excited to announce the acquisition of HTI’s patented and novel zero emission hydrogen technology and welcome their world class team. The world is increasingly demanding a transition away from traditional energy sources to low carbon solutions – HTI’s hydrogen solution expands our portfolio to include a technology that will transition one of the largest carbon emitters to a zero-emission energy source. We look forward to receiving the exchanges final approval and updating our shareholders accordingly on our go-forward energy portfolio strategy.”

CONTACT:

Adam Rabiner
Director, Investor Relations
604.343.4534
a.rabiner@jerichooil.com

Categories
Oil & Gas

Africa Oil Receives Kenya License Extension


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Africa Oil CEO Keith Hill commented, “We would like to thank the Government of Kenya for granting us this extension which will allow the partnership sufficient time to overcome challenges in the current low oil price and pandemic conditions.  We strongly believe in the value of the Kenya development project and will be spending the next year on optimizing the project and removing all remaining obstacles to allow it to move forward.  We see this project as a strong complement to our Nigeria production assets and our exploration portfolio successes.”

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria; development assets in Kenya; and an exploration/appraisal portfolio in Africa and Guyana. The Company is listed on the Toronto Stock Exchange and on Nasdaq Stockholm under the symbol “AOI”.

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