Olenox completed the acquisition of Wildboy Holdings and IPD Industries from Odin International and Wildboy Industries for total consideration of $21.7 million, paid primarily through Series F preferred stock convertible into common shares. The deal adds natural gas processing assets in British Columbia with approximately 56.8 billion cubic feet of proved reserves and a registered 100 MW power-development platform near the Waha Hub in Texas to Olenox's portfolio. This transaction supports the company’s strategy to build an integrated gas-to-power-to-compute infrastructure for AI and data center applications while preserving near-term cash resources. Olenox Industries is a vertically integrated energy company focused on natural gas, oil services, and energy technologies.
