🇺🇸GPU-cloud provider Alpha Compute (Nasdaq: ALP) signed definitive agreements to acquire Pennsylvania oil-and-gas assets, including over 300 acres.

Alpha Compute disclosed executed definitive real-estate and asset-purchase agreements in a press release filed with the U.S. Securities and Exchange Commission (SEC) as a Form 6-K exhibit. This establishes a disclosed binding transaction, not a completed acquisition; the release expressly treats successful completion and financing of the planned data center as forward-looking matters.

The assets encompass over 300 acres of surface, mineral, and gas rights across the Utica and Marcellus shale formations. The acquisition also includes over 75 existing oil and gas wells, well-pump-jack inventories, operational maintenance facilities, heavy equipment, and gathering infrastructure.

The release cites historical assessment documentation estimating an average of 10,000 barrels per acre of light Pennsylvania sweet crude across subsurface parcels. Alpha Compute says it is conducting updated geological assessments, appraisals, and site reviews; the historical estimate should not be presented as independently verified reserves or multiplied into an assumed recoverable total.

The company describes itself as a provider of GPU-as-a-Service (GPUaaS) and confidential AI compute, and references a planned initial 200-megawatt facility, not operating capacity. Its commitments concerning municipal covenants, utility modernization, jobs, and Pennsylvania Department of Environmental Protection (DEP) oversight remain plans; the supplied excerpt does not disclose purchase consideration, financing terms, collateral, dilution, GPU inventory, or a commercial-operation date.