INNEXENERGY
    04 / 06

    Where the fuel is under the foundation.

    Come look.

    Book twenty minutes

    Jere B. Jay, CEO, INNEX Energy

    For your diligence team

    The material behind the film.

    INNEX is evaluating strategic partners for a phased oil, gas, and infrastructure program at Kettleman Middle Dome. The near-term work is disciplined: prove site readiness, match the right commercial structure to the right counterparty, and advance only when the evidence earns it.

    Resource

    0.0 MMBOE

    gross P50 discovered resource estimate, 2025 Sproule evaluation

    Basin

    San Joaquin

    Central California

    Setting

    Existing oil field

    Anticline, stacked reservoirs

    Target

    Monterey ~6,000 ft

    Proven and cored oil and gas pays

    Program

    100+ wells

    Phased full-field concept

    Buyer readiness

    What is known. What must be proven.

    A credible first conversation separates documented advantages from open engineering and permitting questions.

    Resource and wells

    Documented

    Resource evaluation, well and core data, and a phased well program support technical diligence.

    Oil and gas permits

    Active work

    INNEX maintains an active drilling and rework program at the field. Data center development would follow a separate land-use path.

    Gas deliverability

    Engineer next

    Resource scale is defined. A buyer-ready package still needs volume, pressure, gas quality, decline, and firm-delivery cases.

    Fiber

    Confirm next

    Long-haul route, carrier, lateral distance, path diversity, and delivery schedule require carrier-backed confirmation.

    Water and cooling

    Confirm next

    Closed-loop cooling is the planning basis. Source, initial fill, sanitary demand, and entitlement must be validated.

    Kings County path

    Pre-application

    Zoning, use classification, CEQA lead agency, required studies, hearings, and an indicative approval schedule to be confirmed with the County.

    Market validation, not project equivalence

    California oilfield energy is now a live data center thesis.

    In June 2026, Beacon Data Centers and California Resources Corporation announced the Golden Valley Technology Hub, a proposed 275 MW campus on the Elk Hills oil field in Kern County. The design pairs data center capacity with dedicated power from CRC's existing gas-fired Elk Hills plant and closed-loop cooling to limit water use. CRC has submitted a conditional use permit and expects to file an environmental impact report in the fourth quarter of 2026.

    That precedent shows the market will pair industrial oilfield land with firm energy. INNEX does not present Kettleman as build-ready today. It invites the right counterparties to test whether Kettleman can clear the same commercial and technical gates.

    Data Center Dynamics, June 2026 · CRC second quarter 2026 results

    Renderings and animations are representative concepts, not engineering drawings or photographs. Figures are illustrative pending diligence.

    Preliminary discussion material only. Not an offer to sell or a solicitation to buy any security. All figures and development concepts remain subject to technical, legal, and commercial diligence.