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Alpha Compute's $5.5M oil and gas acquisition due diligence findings

Tue, 29 Sep 2026 08:32:30 -0400

Alpha Compute Corp. (NASDAQ: ALP) released due diligence findings from its recently announced Alpha Energy 02 acquisition, a transaction with a total purchase price of $5.5 million, first announced September 22, 2026.

The acquired assets span more than 300 acres of surface, mineral, and gas rights in Pennsylvania, covering both the Marcellus and Utica shale formations. The property includes more than 75 active oil wells, one natural gas test well, operational maintenance facilities, heavy equipment, and associated gathering infrastructure.

According to the company's due diligence review, historical documentation estimates approximately 3.0 million barrels of original oil in place across the acreage, with

Alpha Compute Operating Oil and Gas Assets Due Diligence Estimates 2.9 million Barrels of Oil Reserves and $100 million in Natural Gas Reserves That Can Power 200MW for Data Center

Tue, 29 Sep 2026 08:30:00 -0400

PITTSBURGH, PA / ACCESS Newswire / September 29, 2026 / Alpha Compute Corp. (NASDAQ:ALP) ("Alpha Compute" or the "Company"), a vertically integrated technology pioneer in Sovereign Intelligence, Confidential Compute and GPU-as-a-service (GPUaaS), today announced an update on the Alpha Energy 02 transaction, first announced on September 22, 2026 with a total purchase price is USD $5.5 million.

Last week, Alpha Compute's oil, gas, and minerals leadership visited the property to review additional due diligence documents, met with the sellers/managers, and toured the pad sites. Information on the operations, financials, on-site verification of well

Alpha Compute Operating Oil and Gas Assets Due Diligence Estimates 2.9 million Barrels of Oil Reserves and $100 million in Natural Gas Reserves That Can Power 200MW for Data Center

Tue, 29 Sep 2026 08:30:00 -0400

Alpha Compute Operating Oil and Gas Assets Due Diligence Estimates 2.9 million barrels of Oil Reserves and $100 million in Natural Gas reserves that can power 200MW for Data Center

Tue, 29 Sep 2026 08:26:00 -0400

Pittsburgh, PA, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq: ALP) ("Alpha Compute" or the "Company"), a vertically integrated technology pioneer in Sovereign Intelligence, Confidential Compute and GPU-as-a-service (GPUaaS), today announced an update on the Alpha Energy 02 transaction, first announced on September 22, 2026 with a total purchase price is USD $5.5 million.

Last week, Alpha Compute’s oil, gas, and minerals leadership visited the property to review additional due diligence documents, met with the sellers/managers, and toured the pad sites. Information on the operations, financials, on-site verification of well resources,

Alpha Compute Operating Oil and Gas Assets Due Diligence Estimates 2.9 million barrels of Oil Reserves and $100 million in Natural Gas reserves that can power 200MW for Data Center

Tue, 29 Sep 2026 08:26:00 -0400

Alpha Compute updates due diligence on $5.5M Pennsylvania oil and gas deal

Tue, 29 Sep 2026 07:02:32 -0400

Alpha Compute Corp. (Nasdaq: ALP) provided an update on its previously announced acquisition of oil and gas assets in Pennsylvania, known as the Alpha Energy 02 transaction, which carries a total purchase price of $5.5 million.

Company representatives visited the property to review due diligence materials, meet with sellers, and tour pad sites. The assets cover more than 300 acres of surface, mineral, and gas rights across the Marcellus and Utica shale formations and include more than 75 active oil and shallow gas wells, one natural gas test well, pump jack inventories, operational maintenance facilities, and gathering infrastructure.

Based on historical documentation

Alpha Compute Update on Operating Oil and Gas Assets Due Diligence in Pennsylvania, Securing 300+ Acres Across the Marcellus and Utica Shales

Tue, 29 Sep 2026 07:00:00 -0400

Estimates secured in due diligence provided information of 2.9 million barrels of oil reserves plus an estimated $100 million in natural gas to be utilized for Alpha Compute’s Data Center with over 200 MW of behind-the-meter power generation

Last

Alpha Compute Update on Operating Oil and Gas Assets Due Diligence in Pennsylvania, Securing 300+ Acres Across the Marcellus and Utica Shales

Tue, 29 Sep 2026 07:00:00 -0400

Last

Form 6-K Alpha Compute Corp For: Sep 25

Fri, 25 Sep 2026 09:09:00 -0400

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Alpha Compute regains Nasdaq minimum bid price compliance

Fri, 25 Sep 2026 08:01:07 -0400

Alpha Compute Corp. (NASDAQ: ALP) announced it has regained compliance with Nasdaq's minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2), according to a press release dated Sept. 25, 2026.

Nasdaq's Listing Qualifications Staff notified the company on March 2, 2026, that its ordinary shares had failed to maintain a minimum closing bid price of $1.00 per share over the prior 30 consecutive business days, as required by the listing rule.

The staff determined that from Sept. 9, 2026, through Sept. 23, 2026, a period of 11 consecutive business days, the closing bid price of the company's ordinary shares was at or

Alpha Compute Regains Full Compliance with Nasdaq Listing Rules

Fri, 25 Sep 2026 08:00:00 -0400

New York, NY, Sept. 25, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq: ALP) ("Alpha Compute" or the "Company"), a provider of high-density AI compute infrastructure and enterprise GPU services, today announced that it has regained compliance with the Nasdaq Stock Market’s minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).

On March 2, 2026, Nasdaq’s Listing Qualifications Staff (the “Staff”) notified the Company that its Ordinary Shares had failed to maintain a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, as required by Nasdaq Listing Rule

Alpha Compute Regains Full Compliance with Nasdaq Listing Rules

Fri, 25 Sep 2026 08:00:00 -0400

Form 4 Alpha Compute Corp For: Sep 22 Filed by: Villani Fiorenzo

Wed, 23 Sep 2026 16:37:00 -0400

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Form 6-K Alpha Compute Corp For: Sep 22

Tue, 22 Sep 2026 09:10:00 -0400

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Alpha Compute signs $5.5M deal for Pennsylvania oil and gas assets

Tue, 22 Sep 2026 06:15:15 -0400

Alpha Compute Corp. (Nasdaq: ALP), an AI infrastructure company, has signed definitive asset purchase agreements to acquire oil and gas assets in Pennsylvania for $5.5 million, according to a company press release.

The transaction includes more than 300 acres of surface, mineral, and gas rights covering both Utica and Marcellus shale formations, along with more than 75 existing oil and gas wells, pump jack inventories, operational maintenance facilities, heavy equipment, and gathering infrastructure.

A historical assessment by Halliburton estimated an average of 10,000 barrels per acre of light Pennsylvania sweet crude oil across subsurface parcels. Alpha Compute stated it is conducting updated

Alpha Compute Signs Binding Contract to Acquire Assets of Operating Oil and Gas Business in Pennsylvania

Tue, 22 Sep 2026 06:15:00 -0400

Pittsburgh, PA, Sept. 22, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq: ALP) ("Alpha Compute" or the "Company"), a vertically integrated technology pioneer in AI Confidential Compute and GPU-as-a-service (GPUaaS), today announced Alpha Compute Corp. has executed definitive real estate and asset purchase agreements in Pennsylvania.

Strategic Resource Acquisition The transaction secures over 300 acres of surface, mineral and gas rights, encompassing both the Utica and Marcellus shale formations. Historical documentation from an assessment by Haliburton estimates an average of 10,000 barrels per acre of light Pennsylvania sweet crude oil across subsurface parcels. Alpha

Alpha Compute Signs Binding Contract to Acquire Assets of Operating Oil and Gas Business in Pennsylvania

Tue, 22 Sep 2026 06:15:00 -0400

Form 4 Alpha Compute Corp For: Sep 14 Filed by: Villani Fiorenzo

Thu, 17 Sep 2026 18:25:00 -0400

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Form 4 Alpha Compute Corp For: Apr 29 Filed by: Villani Fiorenzo

Mon, 14 Sep 2026 07:27:00 -0400

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Form 4 Alpha Compute Corp For: Apr 29 Filed by: Kaiser Brittany

Mon, 14 Sep 2026 07:25:00 -0400

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Form 6-K Alpha Compute Corp For: Sep 14

Mon, 14 Sep 2026 06:35:00 -0400

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Form 4 Alpha Compute Corp For: Sep 09 Filed by: Levitt Wesley Allen

Fri, 11 Sep 2026 20:39:00 -0400

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Alpha Compute Secures $47 Million in Seller Financing for Planned 200MW Pennsylvania AI Data Center Campus

Thu, 10 Sep 2026 12:47:00 -0400

Company also joins the Pennsylvania Chamber of Business and Industry and provides an update on the Alpha Energy 01 project.

NEW YORK, NY / ACCESS Newswire / September 10, 2026 / Alpha Compute Corp. (Nasdaq:ALP) ("Alpha Compute" or the "Company"), a vertically integrated AI infrastructure company specializing in

Alpha Compute Secures $47 Million in Seller Financing for Planned 200MW Pennsylvania AI Data Center Campus

Thu, 10 Sep 2026 12:47:00 -0400

Company also joins the Pennsylvania Chamber of Business and Industry and provides an update on the Alpha Energy 01 project.

NEW YORK, NY / ACCESS Newswire / September 10, 2026 / Alpha Compute Corp. (Nasdaq:ALP) ("Alpha Compute" or the "Company"), a vertically integrated AI infrastructure company specializing in

Alpha Compute Secures $47 Million in Seller Financing for Planned 200MW Pennsylvania AI Data Center Campus

Thu, 10 Sep 2026 12:21:58 -0400

First Amendment to the August 11 Binding Term Sheet reduces cash due at closing to $8 million and finances the balance of the $55 million purchase price at 6% with no personal recourse and no lien on data center, power or compute assets. Company also joins the Pennsylvania Chamber of Business and Industry and provides an update on the Alpha Energy 01 project.

New York, NY, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Alpha Compute Corp. (Nasdaq: ALP) ("Alpha Compute" or the "Company"), a vertically integrated AI infrastructure company specializing in GPU-as-a-Service and AI Confidential Compute,