Aug. 18 at 4:11 PM
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AI Overview AXP Energy (ASX:AXP) is installing its first commercial gas-to-power project at the Edwards Lease in Oklahoma, USA. The project uses a 320 kW natural gas generator fueled by the Charlie #1 well to power digital infrastructure, marking a shift toward onsite gas monetization.Project DetailsLocation: Edwards Lease, Noble County, Oklahoma.Setup: A 320 kW natural gas generator powered by the Charlie #1 well, which produces 80–90 mcf of gas per day.Partner: Pathfinder Partners operates the digital asset mining equipment.Revenue Model: AXP earns revenue from supplying natural gas and keeps all revenue from ongoing oil production.Option: AXP holds an option to buy the generator within 90 days of installation.
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