BRIEF-Nuclear Fuel Recycler Oklo Signs LOI To Supply 50 MW Of Power To Diamondback Energy

Reuters

2024/04/08

April 8 (Reuters) - Diamondback Energy Inc :

* OKLO INC. - SIGNS LOI TO SUPPLY 50 MEGAWATTS OF POWER TO DIAMONDBACK ENERGY

* OKLO INC : CO AND DIAMONDBACK ENERGY SIGNED A NON-BINDING LETTER OF INTENT TO COLLABORATE ON A 20-YEAR POWER PURCHASE AGREEMENT

* OKLO INC. : INTENDS TO LICENSE, BUILD, AND OPERATE POWERHOUSES CAPABLE OF GENERATING 50 MW OF ELECTRIC POWER TO DIAMONDBACK E&P LLC

* OKLO INC. : LOI OUTLINES OPTIONS TO RENEW AND EXTEND POTENTIAL PPA FOR AN ADDITIONAL 20-YEAR TERM

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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