Park City, Utah – (work wire) – Creek Road Miners, Inc. (OTCQB: CRKR) (“Creek Road Miners,” or “the Company”) that it has entered into an agreement with Highwire Energy Partners, Inc. (“high wire“) To acquire certain energy assets in South Dakota, North Dakota and Wyoming. Through this transaction, the company achieved its primary goal of acquiring efficient, energy-producing assets to power its cryptocurrency mining operations through vertical integration and geographic diversification.
The energy assets involved in the deal include natural gas production opportunities in South Dakota, North Dakota and Wyoming as well as a third fixed-rate electricity generation opportunity in Wyoming. These sites are desirable for starting your bitcoin mining operations. By acquiring these assets, Creek Road Miners will control energy costs during a period of significant market volatility. With the spot transaction complete, the company is converting its Louisiana operations to the energy sources made possible by this new acquisition.
“The execution of this transaction is the culmination of months of efforts by our team to achieve our primary objective,” commented Mr. Scott Kaufman, the company’s co-CEO. “With this undertaking now complete, Creek Road Miners is well positioned to rapidly expand operations.”
About Creek Road Miners, Inc. (OTCQB: CRKR)
Creek Road Miners, Inc (www.CreekRoadMiners.com) is a crypto-mining company that is leveraging mobile power generation units and mining facilities to overcome economic barriers to tap into the abundance of natural gas stuck in the US market, while sourcing energy suppliers to create multiple revenue streams.
This press release contains “forward-looking statements”. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “expects,” “projects,” “expects,” “estimates,” “objectives,” “believes or” hopes”, “potential” or similar words. Forward-looking statements are not guarantees of future performance, they are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are outside the control of the Company, and cannot be predicted or quantified, therefore, results may vary materially from those expressed or implied by these forward-looking statements.More detailed information about the company and the risk factors that may affect the achievement of the forward-looking statements are described in the company’s filings with the Securities and Exchange Commission (“SEC”), including the report. The company’s annual reports on Form 10-K and its quarterly reports on Form 10-Q. We encourage investors and stockholders to read these documents free of charge on the SEC’s website at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.
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