Olenox Industries Shares Positive Field Reports as Production Stabilizes
Olenox Industries Inc. (OLOX)
Company Research
Source: GlobeNewswire
CONROE, Texas, March 04, 2026 (GLOBE NEWSWIRE) -- via IBN -- Olenox Industries Inc. (NASDAQ: OLOX) (“Olenox” or the “Company”), a multifaceted energy company, today announces the Company’s well revitalization efforts are achieving success and hitting production targets. Going forward, the Company plans to bring additional wells into production on a weekly basis. Since December 2025, the Company has successfully revitalized 10 wells, with 25 more expected to be online by the end of the first quarter. Olenox deployed a dedicated rig in its Wichita field in December 2025, and the Company is pleased with the results in the few months since deployment, according to Olenox CEO Michael McLaren. “We are pleased with the progress of our workovers and revitalization in our Wichita field. Production has stabilized and our original target of 70 barrels a day is in clear sight,” McLaren said. “We hope to hit or exceed this target by month’s end.” Since Q4 2025 and continuing into 2026, Olenox
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- Olenox Industries (OLOX) had its "sell (e+)" rating reaffirmed by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Olenox Industries Shares Positive Field Reports as Production Stabilizes [Yahoo! Finance]Yahoo! Finance
- Olenox Industries Kicks Off 2026 with 10-Well Drilling Program [Yahoo! Finance]Yahoo! Finance
- Olenox Industries Kicks Off 2026 with 10-Well Drilling ProgramGlobeNewswire
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