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U.S.-based Olenox Industries said on 20 October that it had completed acquisitions of all of Wildboy Holdings and IPD Industries, a separate power-development platform in Texas. The Canadian asset, Wildboy, includes about 184,785 acres in northeastern British Columbia and a natural-gas processing facility with capacity of up to 144 million cubic feet per day. An independent reserve report dated 30 September 2026 cited by the company estimates 56.8 billion cubic feet of proved developed gas reserves.

Olenox management estimates available gas could support up to 50 MW of initial power generation, subject to equipment, infrastructure, approvals and operating conditions; this is potential capacity, not existing generation. The separate IPD asset is in Texas and has a 100 MW self-generator registration. The combined purchase price was US$21.7 million, consisting almost entirely of preferred stock.