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    Jericho Energy Ventures and M2 Development Solutions, LLC Form Strategic Partnership to Accelerate U.S. AI Data Center Expansion

    TULSA, OK / ACCESS Newswire / July 7, 2025 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce it has signed a Memorandum of Understanding (MOU), dated July 6, 2025, with M2 …

    TULSA, OK / ACCESS Newswire / July 7, 2025 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce it has signed a Memorandum of Understanding (MOU), dated July 6, 2025, with M2 Development Solutions ("M2") to form a strategic partnership. This collaboration will integrate M2's large, gigawatt-scale sites into Jericho's growing AI data center portfolio.

    This partnership significantly expands Jericho's U.S. footprint beyond its Oklahoma asset base, incorporating M2's high-capacity sites in Ohio and Nevada. The initial sites include:

    • Ohio - 400 Acres with access to Utility Power and on-site Natural Gas feed Power generation assets

    • Nevada - 3,700 Acres with access to Utility Power, on-site Geothermal power, on-site solar power, and on-site Natural Gas feed Power generation assets

    Together, JEV and M2 are well-positioned to meet the rapidly increasing demand for scalable, high-performance infrastructure optimized for advanced artificial intelligence (AI) workloads across the United States.

    "Our partnership with M2 is a transformative step in executing our AI data center strategy," said Brian Williamson, CEO of Jericho Energy Ventures. "Integrating M2's gigawatt-scale sites accelerates our ability to deliver scalable, energy-efficient infrastructure for modern AI workloads. With the proven leadership of COL (Ret.) Mark Schonberg and Mark Vogel, we are poised to meet the surging AI compute demand across key U.S. markets."

    About M2 Development Solutions, LLC

    M2 is co-led by Col. (Ret.) Mark Schonberg and Mark Vogel, bringing extensive expertise to the partnership:

    • Col. (Ret.) Mark Schonberg is a 30-year U.S. Army veteran and a seasoned infrastructure leader. His deep expertise spans IT services, cybersecurity, and data center development. Throughout his military career, he held senior positions including Cyber Capabilities Development and Integration Director for the U.S. Army and CIO/G6 at Army Cyber Command. He also played a key role in the IT and C4I build-out for the $16 billion Yongsan Relocation Program in South Korea. Since retiring in 2020, Col. Schonberg has continued to lead in the private sector, focusing on data center infrastructure, renewable energy, and smart city solutions.

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    Jericho Energy Ventures and M2 Development Solutions, LLC Form Strategic Partnership to Accelerate U.S. AI Data Center Expansion TULSA, OK / ACCESS Newswire / July 7, 2025 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho", "JEV" or the "Company") is pleased to announce it has signed a Memorandum of Understanding (MOU), dated July 6, 2025, with M2 …

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