SGBX Subsidiary Olenox Energy Announces an Aggressive Drilling Agenda Slated to Begin Q4 2025 and Expand Throughout 2026
SG Blocks, Inc. (SGBX)
NASDAQ:AMEX Investor Relations:
ir.sgblocks.com
Company Research
Source: GlobeNewswire
CONROE, Texas, Oct. 20, 2025 (GLOBE NEWSWIRE) -- via IBN – Olenox Corp, a vertically integrated energy company and wholly owned subsidiary of Safe & Green Holdings Corp. (NASDAQ: SGBX), is pleased to announce Olenox has begun the initial review of several drilling sites on current leases held within its oil and gas portfolio. As the energy development arm of SGBX, Olenox intends to implement an aggressive drilling program with plans to target completion of one drilling project during the fourth quarter of 2025, followed by an ambitious drilling agenda outlined for 2026 and beyond. “While we are still bringing on legacy production on our leases, the company is committed to generate new production through an aggressive drilling program to meet our internal goal of 1,000 BOE a day by the end of 2026,” said Michael McLaren, CEO of Olenox Corp. “Through legacy wellsite revitalization, drilling and acquisitions, the company will push to meet or exceed these targets by year-end 2026”
Show less
Read more
Impact Snapshot
Event Time:
SGBX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SGBX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SGBX alerts
High impacting SG Blocks, Inc. news events
Weekly update
A roundup of the hottest topics
SGBX
News
- Olenox Receives DOT Number; Prepares To Mobilize Service Division AssetsGlobeNewswire
- Safe & Green Holdings Outlines New Integrated Energy Strategy Following First Year Under Olenox LeadershipGlobeNewswire
- Safe and Green Holdings Announces Its 2025 Record Date and Annual Shareholders Meeting DateGlobeNewswire
- IBN Initiates Coverage of Safe and Green Holdings Corp.GlobeNewswire
- SGBX and Subsidiary Olenox Energy Tout Reliability of Mission-Critical Web Services in Collaborative Partnership with Global Technology Company OneQodeGlobeNewswire
SGBX
Sec Filings
- 12/2/25 - Form 8-K
- 11/14/25 - Form 10-Q
- 11/4/25 - Form PRE
- SGBX's page on the SEC website