About Us
AXP ENERGY Limited (ASX: AXP, OTC: AUNXF) is an oil & gas production and development company with core operations in Colorado. AXP is currently focused on repurposing stranded gas at its 100%-owned Pathfinder Field for power generation under a Joint Venture Agreement with Denver based BlackHart Technologies.
During February 2025, Gas to Power operations commenced with the installation of 1.5 mw/h of generators and two mobile data centres containing 530 ASIC miners operated by BlackHart.
Planning and installation of additional generators and data centres is underway with a target of 5 mw/h in the June quarter and targeting 25 mw/h by end of calendar year 2025.
Oil Production on the Pathfinder lease has been reestablished now that the gas is being used to generate electricity.
AXP has 24 operating oil & gas wells at its Pathfinder Field.