Jericho Energy Ventures Promotes Jake Royster to COO Amid Strategic Expansion

Jericho Energy Ventures Inc. has elevated Jake Royster to the role of Chief Operating Officer. Previously serving as Director of Operations, Royster will be responsible for implementing the company's power-generation strategy to support its expanding AI data center infrastructure. His past efforts have significantly improved operational efficiency in the company's legacy energy sector.

Royster achieved the lowest per-barrel lifting costs in late 2025 and maintained profitability despite commodity price drops. His leadership in operational practices has streamlined communications, optimized processes, and boosted safety standards.

The company also concluded its private placement, raising over CAD$2.59 million. These funds will expedite the development of a flagship AI data center in Oklahoma and address general working capital needs. Jericho is in ongoing discussions to extend existing loans and emphasizes its commitment to energy solutions supporting AI infrastructure development.