• Jericho Energy Ventures signed a definitive joint venture agreement with Comstock Holding Companies to develop AI data center land in Oklahoma.
• The JV, Oklahoma AI Ventures, targets land around Jericho’s energy infrastructure footprint to support large-scale AI campus development.
• Comstock Ventures contributed USD 2.75 million at closing, committing up to another USD 5.75 million subject to budgets.
• Total capital committed is up to about USD 10 million, including a previously announced USD 1.5 million equity investment and a USD 2.5 million services fee.
• Membership interests are set at 50% Comstock, 50% Rising Eagle, which is 50% owned by Jericho, subject to customary closing conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jericho Energy Ventures Inc. published the original content used to generate this news brief on June 09, 2026, and is solely responsible for the information contained therein.