Permex Petroleum Corp. Enters Strategic Partnership with 360 Energy for Innovative In-Field Computing and Cryptocurrency Development
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Permex Petroleum Corporation has formed a strategic partnership with 360 Energy, Inc. to implement In-Field Computing technology in its oil and gas operations. This collaboration aims to integrate modular bitcoin mining, potentially enhancing the economics of natural gas monetization by utilizing flared or stranded gas. The partnership aligns with Permex's strategy to adopt disruptive technologies to improve asset value and environmental performance, with a definitive agreement in progress based on a non-binding Letter of Intent.
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