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Jericho Energy Ventures Inc V.JEV

Alternate Symbol(s):  JROOF

Jericho Energy Ventures Inc. is a Canada-based energy company. The Company is engaged in owning, operating and developing both traditional hydrocarbon joint venture (JV) assets and advancing the low-carbon energy transition, with active investments in hydrogen. The Company’s principal activity is acquisition, exploration, development and production of oil and natural gas fields in the United States of America. The Company’s wholly owned subsidiary, Hydrogen Technologies LLC (HT), offers a clean, zero-emission energy solution for the commercial and industrial boiler market. There are a wide range of applications for its cleanH2steam DCC Boiler, which work much like traditional commercial heat, hot water and industrial steam boilers. It is used in various commercial applications, such as shopping malls, universities, airports, hotels, and others. It also used in various heavy industry applications, such refining and petrochemical, pulp and paper, chemical and pharma, among others.


TSXV:JEV - Post by User

Post by TruthSeek101on Jun 02, 2023 7:37pm
259 Views
Post# 35477930

JEV MOU for S Korea

JEV MOU for S Korea https://stockhouse.com/news/the-market-herald-news/2023/06/02/jericho-partners-with-ramp-equity-to-bring-hydrogen-boiler-technology-to-south-korea

South Korea is a leading manufacturing center, as everyone knows. The government is bullish on hydrogen and has stated that it intends for hydrogen to be the No. 1 fuel source for the country by 2050. Currently, S Korea gets 90 percent of its energy from imported sources. One can only imagine how much steam is used in its industrial markets. Steam may be clean, but the current methods to make it are very dirty. There are only a few ways to decarbonize the production of steam, and the DCC is one of them. Here's hoping the agreement with Ramp will get the technology to be adopted there. It could be huge. 

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