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Safe & Green Holdings Subsidiary Olenox Energy Launches Aggressive Drilling Program Targeting 1,000 BOE Daily Production

Burstable News - Business and Technology News October 28, 2025
By Burstable News Staff
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Safe & Green Holdings Subsidiary Olenox Energy Launches Aggressive Drilling Program Targeting 1,000 BOE Daily Production

Summary

Olenox Energy, a subsidiary of Safe & Green Holdings Corp., has announced an aggressive drilling initiative beginning Q4 2025 with a production target of 1,000 barrels of oil equivalent per day by year-end 2026, leveraging AI-enabled monitoring and strategic partnerships to advance U.S. energy independence.

Full Article

Safe & Green Holdings Corp. (NASDAQ: SGBX) has revealed that its wholly owned subsidiary, Olenox Energy Corp., is moving forward with an aggressive drilling program scheduled to commence in the fourth quarter of 2025. The vertically integrated energy company plans to expand this initiative throughout 2026 as it intensifies development of both legacy and new wells within its oil and gas portfolio. This strategic expansion represents a significant step in strengthening the company's energy production capabilities and market position.

The company has established a production goal of 1,000 barrels of oil equivalent per day by year-end 2026, demonstrating its commitment to scaling operations and increasing output. Olenox Energy has already begun initial reviews of multiple drilling sites across its existing leases in Texas, Oklahoma, and Kansas. The company intends to complete at least one new drilling project before the end of the initial phase, with additional sites under continuous evaluation to maximize production potential across its diverse geographical holdings.

Olenox Energy's operations leverage advanced technology through AI-enabled wellsite monitoring systems that provide real-time data and analytics for production optimization. The company's collaboration with OneQode ensures secure, real-time data flow, enabling more efficient operations and better decision-making capabilities. These technological integrations represent the modernization of traditional energy extraction methods, potentially setting new standards for operational efficiency in the industry.

Recent partnerships and infrastructure upgrades implemented by the company align with broader U.S. energy independence goals and digital resilience initiatives. The strategic focus on domestic production capacity contributes to reducing reliance on foreign energy sources while supporting national security objectives. The company's approach combines traditional energy extraction with cutting-edge digital infrastructure, creating a model that balances production efficiency with technological advancement.

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This development comes at a time when energy security and domestic production capabilities are increasingly important for economic stability and national security. The expansion of drilling operations across multiple states indicates confidence in domestic energy reserves and the potential for sustained growth in the sector. The combination of traditional energy expertise with modern technological solutions positions Olenox Energy to potentially influence industry standards while contributing to national energy objectives.

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