Strategic partnership leverages Jericho's energy assets and Comstock's development expertise to create a scalable AI infrastructure platform
TULSA, OK AND RESTON, VA / ACCESS Newswire / June 9, 2026 / Jericho Energy Ventures Inc. (TSXV:JEV)(OTCID:JROOF)(FRA:JLM) ("Jericho" or the "Company"), an energy innovation company positioned at the nexus of energy and AI infrastructure, and Comstock Holding Companies, Inc. (Nasdaq:CHCI) ("Comstock"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties, are pleased to announce that they have entered into a definitive agreement, dated June 4, 2026, (the "Joint Venture Agreement") establishing a strategic joint venture through a newly formed entity, Oklahoma AI Ventures LLC (the "Joint Venture" or "JV"), focused on the acquisition, aggregation, and development of land in and around Jericho's existing energy infrastructure footprint in Oklahoma.
The Joint Venture Agreement formalizes the terms of the Letter of Intent announced on February 12, 2026 (the "LOI"). Under the agreement, the parties will collaborate to assemble a portfolio of strategically located land assets that integrate Jericho's subsurface energy infrastructure with surface land interests. The JV is intended to support the development of large-scale AI data center campuses and related digital infrastructure projects designed to meet the rapidly growing power and land requirements of artificial intelligence computing.
