Canada-based Jericho Energy Ventures is starting a data center business centered upon the company’s access to 40,000 acres of natural gas-producing property in Oklahoma, the company announced March 31.

The project, which Jericho calls a “modular data center business,” will be run out of the company’s Tulsa offices.

“By aligning our energy resources with the booming demand for modular AI computing infrastructure, we aim to boost revenue and elevate shareholder value through an innovative, sustainable approach," said Brian Williamson, Jericho CEO, in the announcement.

Jericho owns and operates the 40,000 acres in a joint venture. The company says that the data center business will deliver on-site power to future AI data center campuses.