AXP Energy Limited ( (AU:AXP) ) has issued an announcement.
AXP Energy Limited has appointed James Dack as a Non-Executive Director, bringing his extensive experience in the Australian residential property sector and strategic investment across various industries to the company. His appointment is expected to strengthen AXP’s board as the company pursues its growth strategy in the US energy sector, particularly in expanding gas-to-power activities and increasing oil production. This strategic move is anticipated to enhance the company’s operations and provide value for shareholders.
More about AXP Energy Limited
AXP Energy Limited is an oil and gas production and development company with core operations in Colorado. The company focuses on repurposing stranded gas at its 100%-owned Pathfinder Field for power generation, aiming to sell this power to data center operators and owners focused on High Performance Computing (HPC) including AI and other high processor-intensive operations. AXP Energy has secured its first customer with Blackhart Technologies LLC and operates 24 oil and gas wells at its Pathfinder Field.
Current Market Cap: $4.13M
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