The latest announcement is out from AXP Energy Limited ( (AU:AXP) ).
AXP Energy Limited has appointed Dan Lanskey as the new Managing Director and CEO, effective March 1, 2025, following his role as a Non-Executive Director. Lanskey has been instrumental in the development of a gas-to-power project in Colorado, which is successfully delivering power to Blackhart Technologies’ bitcoin miners. The company plans to expand its gas-fired power generation capacity to 25MW by the end of 2025, leveraging its substantial contingent gas resources. This leadership change is seen as a strategic move to enhance AXP’s growth and value, with Lanskey committed to engaging with shareholders and expanding operations.
More about AXP Energy Limited
AXP Energy Limited is an oil and gas production and development company with core operations in Colorado. The company focuses on repurposing stranded gas at its 100%-owned Pathfinder Field for power generation, targeting data center operators and owners focused on high-performance computing, including AI and rendering. AXP Energy has secured its first customer with Blackhart Technologies LLC and operates 24 oil and gas wells at the Pathfinder Field.
Current Market Cap: $8.38M
For detailed information about AXP stock, go to TipRanks’ Stock Analysis page.