AXP Energy Ramps Up U.S. Operations with Strategic Asset Optimisation

AXP Energy Limited (ASX: AXP) has made substantial progress in advancing its operational and strategic growth plans, focusing on optimising its expansive U.S. oil and gas asset portfolio. The company is prioritising low-risk, high-return drilling and recompletion activities across the Appalachian and Illinois Basins, already seeing early production improvements. Infrastructure upgrades, including well workovers and pipeline enhancements, aim to cut costs and improve efficiency. AXP Energy is also actively assessing potential acquisitions to complement its existing operations. Supported by disciplined capital allocation, these initiatives target sustained cash flow generation and long-term shareholder value. Management reaffirmed its focus on operational excellence and efficiency, ensuring the company remains well-positioned to capture growth opportunities in the U.S. energy market while driving future expansion.

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