Olenox Expands Energy Platform With Completion of Wildboy and Odin Acquisitions, Advancing Gas-to-Power-to-Compute Strategy
Olenox Industries completed the acquisition of 100% of Wildboy Holdings and IPD Industries for US$21.7 million, advancing its gas-to-power-to-compute strategy. The Wildboy assets in northeastern British Columbia include a gas processing facility with up to 144 MMcf/d capacity, roughly 184,785 acres, and 56.8 Bcf of proved developed reserves that management estimates could support up to 50 MW of initial power generation. The IPD platform near Pecos, Texas holds a 100 MW self-generator registration with the Public Utility Commission of Texas, positioning Olenox to serve AI, data center and digital-asset power demand.
Key figures
- Deal Value Usd
- 21700000
- Acreage
- 184785
- Initial power generation mw
- 50
- Ipd generator registration mw
- 100
- Proved developed reserves bcf
- 56.8
- Gas processing capacity mmcf d
- 144
AI analysis
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