Permex Petroleum Corp. Enters Strategic Partnership with 360 Energy for Innovative In-Field Computing and Cryptocurrency Development

Reuters08-23

<a href="https://laohu8.com/S/OILCF">Permex Petroleum</a> Corp. Enters Strategic Partnership with 360 Energy for Innovative In-Field Computing and Cryptocurrency Development

Permex Petroleum Corporation has announced a strategic partnership with Texas-based 360 Energy, Inc. to explore the implementation of In-Field Computing (IFC) technology at Permex's oil and gas operations. This collaboration aims to integrate modular bitcoin mining into Permex's operations, potentially transforming the economics of natural gas monetization by capturing and monetizing natural gas volumes that are otherwise flared or stranded. The partnership reflects Permex's strategy to incorporate disruptive technologies into its core operations, enhancing asset value and environmental performance. The companies are working towards a definitive agreement based on the terms outlined in a non-binding Letter of Intent.

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. Permex Petroleum Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-025195), on August 22, 2025, and is solely responsible for the information contained therein.

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