AXP Energy Limited (AU:AXP) has released an update.
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AXP Energy Limited has announced the successful connection of the Pathfinder #1 and Amerigo Vesuccio wells to a generator, signaling the imminent restart of production at the Pathfinder Field in Colorado. The company, which possesses a 100% working interest in the Denver-Julesburg Basin assets, is finalizing on-site engineering to optimize flow rates, with production updates to follow. This step is part of AXP’s broader commercial strategy to maximize the value from the field’s substantial oil and gas reserves.
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