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An announcement from AXP Energy ( (AU:AXP) ) is now available.
AXP Energy Limited has commenced production testing on its Charlie #1 well in Noble County, Oklahoma, following a successful hydraulic fracturing program. The testing aims to evaluate the well’s production potential and gather data to inform future drilling strategies. This marks a significant step for AXP as it seeks to expand its oil and gas operations and implement its gas-to-power and data-center strategy in collaboration with partners Blackhart Technologies and BitFufu. The company holds a 100% working interest in the well and is conducting operations safely and efficiently, with no reported incidents.
More about AXP Energy
AXP Energy Limited is a company operating in the oil and gas industry, focusing on the exploration and production of energy resources. The company is involved in developing oil and gas assets, with a particular emphasis on its operations in Oklahoma, USA. AXP Energy is also working on a broader strategy that includes gas-to-power and data-center initiatives.
YTD Price Performance: -38.46%
Average Trading Volume: 747,553
Technical Sentiment Signal: Sell
Current Market Cap: A$6.01M
See more data about AXP stock on TipRanks’ Stock Analysis page.