Safe & Green Holdings has announced that its wholly owned subsidiary, Olenox Energy Corp., is advancing an aggressive drilling program set to begin in the fourth quarter of 2025. The vertically integrated energy company's initiative will expand throughout 2026 as Olenox ramps up both legacy and new well development within its oil and gas portfolio. This expansion represents a significant step in strengthening the company's energy production base while supporting broader U.S. energy independence objectives.
The company is targeting a production goal of 1,000 barrels of oil equivalent per day by year-end 2026, demonstrating substantial growth potential in domestic energy output. Olenox has started initial reviews of several drilling sites on leases it currently holds across Texas, Kansas, and Oklahoma. The strategic selection of these regions leverages established energy infrastructure while maximizing production efficiency through advanced operational methods.
Olenox's vertically integrated operations incorporate AI-enabled wellsite monitoring technology, representing a modern approach to energy extraction. The collaboration with OneQode ensures secure, real-time data flow for production optimization, addressing critical needs for digital resilience in energy infrastructure. These technological integrations position the company at the forefront of digital transformation within the energy sector while maintaining operational security.
Recent partnerships and infrastructure upgrades align with national priorities for energy security and technological advancement. The company intends to complete at least one new drilling project before the end of its initial development phase, establishing momentum for subsequent expansion. Investors can access the latest news and updates relating to SGBX in the company's newsroom available at https://ibn.fm/SGBX. This comprehensive approach combines traditional energy development with cutting-edge technology, creating a model for sustainable growth in domestic energy production.
