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Petrox Resources Signs Gas Supply Agreement With International Energy (Hong Kong) Group
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Petrox Resources Signs Gas Supply Agreement With International Energy (Hong Kong) Group
  • Petrox Resources signed a definitive gas supply and power generation agreement with International Energy (Hong Kong) Group for Alberta and Saskatchewan sites.
  • IEHK will pay for natural gas consumed, plus USD 0.01 per kilowatt-hour of qualified power generation for on-site computing.
  • The partner plans, without commitment, to deploy 50–100 MW by 2028, with the first 1 MW unit planned for January 2027.
  • Neither party must commit to sites; Petrox has no obligation to reserve or supply gas volumes.
  • IEHK received a right to subscribe for common shares representing up to 19.99% post-issuance ownership at market price, subject to exchange acceptance.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Petrox Resources Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611121235NEWSFILECNPR____20261112_323781_1) on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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