AXP Energy Limited has announced the appointment of Dan Lanskey as Managing Director and chief executive officer, effective 1 March 2025. Lanskey’s promotion follows his tenure as a non-executive director since 5 December 2024. He has played a key role in the gas-to-power project in Colorado, developed under a Joint Development Agreement with Blackhart Technologies. At the same time, Tim Hart has stepped down as CEO but will remain available as a consultant to the company.

Commenting on his appointment, Dan Lanskey stated:
“I have been on the ground in Colorado since early January, working closely with our team and Blackhart Technologies to implement our first gas-to-power site. This project is already supplying generated power to Blackhart’s ~530 bitcoin miners housed in two 40-foot containers. We now plan a phased expansion targeting 25MW of gas-fired power generation by the end of 2025. With ~750Bcf of contingent gas resources, AXP is well-positioned to drive this growth strategy.”

Lanskey also highlighted the company’s focus on increasing oil production from the Pathfinder Field, with expectations for meaningful revenue generation in the coming months.

Strategic Importance of the Appointment
AXP chairman Sam Jarvis welcomed Lanskey’s leadership, stating:
“Dan’s appointment as managing director and CEO is a crucial step for AXP at a pivotal time. His willingness to be based in the USA and actively engage with investors in both North America and Australia strengthens our position. On behalf of the Board, we extend our gratitude to Tim Hart for his service and wish him success in his future endeavours. This leadership transition is integral to unlocking AXP’s value and driving its strategic objectives.”

For more information visit www.fremontpetroleum.com

25th February 2025