Permex Petroleum Corp. Enters Option Agreement to Acquire Energy Assets for Bitcoin Mining Strategy

Reuters
2025.09.05 21:31
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Permex Petroleum Corporation has entered an option agreement to acquire energy-producing assets to support its Bitcoin mining strategy. The agreement includes a six-month option to purchase over 50 oil and natural gas wells and more than 20,000 net mineral acres from Navidad Petroleum and TMR Exploration. This initiative aims to leverage undervalued gas-producing assets for Bitcoin mining in partnership with 360 Energy, Inc.