AXP Energy Limited (ASX: AXP, OTC: AUNXF) is an oil and gas production and development company founded in 2006, headquartered in Florence, Colorado, with an office in Sydney, Australia. The company operates in prolific U.S. basins including the Appalachian, Illinois, and Denver-Julesburg, focusing on cost-efficient production from existing wells. AXP has diversified into cryptocurrency mining by monetizing stranded natural gas for modular data centers. Key projects include a Joint Development Agreement with Blackhart Technologies (2024) to power Bitcoin mining with gas from the Pathfinder field in Colorado, deploying modular data centers hosting ~600 Bitmain rigs for Bitcoin mining. The initial phase launched in early 2025 with two MDCs (515 Antminers, 1.2 MW). AXP provides gas and power generation while Blackhart manages operations, with plans for expansion to additional wells. This diversification leverages AXP's 24 wells and 0.744 Tcf 2C gas resources to generate new revenue streams.

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