Olenox Signs LOI to Expand Integrated Energy and Data-Infrastructure Platform
Olenox signed a non-binding letter of intent to acquire 100% of Wildboy Holdings and IPD Industries for an aggregate purchase price of approximately $20 million. The proposed acquisition targets natural gas processing capacity in British Columbia and infrastructure development interests in West Texas to support power-intensive computing operations.
Key figures
- Deal Value Usd
- 20000000
- Acreage bc
- 180000
- Acreage tx
- 5000
- Generation potential mw
- 90
- Processing capacity mmcf per day
- 144
- Gas production potential mmcf per day
- 18
AI analysis
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