- The company is targeting a production goal of 1,000 barrels of oil equivalent (“BOE”) per day by year-end 2026, and continues to evaluate drilling sites across its Texas, Oklahoma, and Kansas leases.
- Its vertically integrated operations leverage AI-enabled wellsite monitoring, while collaboration with OneQode ensures secure, real-time data flow for production optimization.
- Recent partnerships and infrastructure upgrades align with U.S. energy independence goals and digital resilience.
Safe & Green Holdings (NASDAQ: SGBX) has announced that its wholly owned subsidiary, Olenox Energy Corp., a vertically integrated energy company, is advancing an aggressive drilling program set to begin in the fourth quarter of 2025. The initiative, part of the company’s strategy to strengthen its energy production base, will expand across 2026 as Olenox ramps up both legacy and new well development within its oil and gas portfolio.
Olenox has started initial reviews of several drilling sites on leases it currently holds in Texas, Kansas, and Oklahoma. The company intends to complete at least one new drilling project before the end of…
NOTE TO INVESTORS: The latest news and updates relating to SGBX are available in the company’s newsroom at https://ibn.fm/SGBX
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