About Safe & Green Holdings Corp. - Common Stock (SGBX)
Safe & Green Holdings Corp is a company focused on providing innovative solutions in the construction and real estate sectors, with an emphasis on sustainability and environmentally friendly practices. They engage in the development and management of properties, utilizing advanced building techniques and materials to create energy-efficient structures. By integrating technology and sustainable practices, the company aims to address housing needs while contributing to a greener future, making it a key player in the evolving landscape of modern construction and urban development. Read More
Safe & Green Holdings (NASDAQ: SGBX), a diversified holding company delivering solutions across infrastructure, construction, energy, healthcare, and environmental sectors, has engaged IBN to enhance its corporate communications strategy. The company is advancing its energy initiatives through Olenox Corp., a subsidiary focused on acquiring and revitalizing underutilized oil and gas assets. Following the May 2025 acquisition of 111 wells across 1,600 acres from Sherman Oil & Gas and affiliates, Olenox has mobilized operations in Texas and reached production levels of 55 barrels per day, with additional increases expected from well restimulations. Complementing Olenox, Safe and Green’s modular manufacturing arm, SG Echo, is consolidating operations into a new Texas facility shared with Olenox to streamline logistics and strengthen operational efficiency.
Safe & Green Holdings (NASDAQ: SGBX), a diversified holding company, has announced a series of operational and technological updates that reflect its focus on energy efficiency and innovation. The company is relocating and consolidating its operations in Conroe, Texas, while its wholly owned energy subsidiary, Olenox Corp., implements an AI-powered system to optimize wellsite operations.
Safe & Green Holdings (NASDAQ: SGBX), and its subsidiary Olenox Corp., a vertically integrated energy company, reaffirmed the importance of their Open Collaborative Framework (OCF) partnership with global technology firm OneQode following a major Amazon Web Services outage that disrupted millions of users worldwide. The collaboration aims to combine OneQode’s high-performance digital infrastructure with Olenox’s field operations to enhance automation, communication reliability and environmental safety. “It is critical to Olenox that data collection and two-way communication in the field is reliable,” said Michael McLaren, CEO of Safe & Green. OneQode CEO Matt Shearing added that much of today’s internet infrastructure remains outdated, emphasizing that OneQode’s platform was built “fundamentally different” to prevent such failures and support next-generation operational performance.
Safe & Green Holdings (NASDAQ: SGBX), through its wholly owned subsidiary Olenox Corp., announced that Olenox has begun reviewing several drilling sites across its existing oil and gas leases. As the energy development arm of SGBX, Olenox plans to complete one drilling project in the fourth quarter of 2025 and implement an expanded drilling program through 2026 and beyond. CEO Michael McLaren said the company aims to reach 1,000 barrels of oil equivalent per day by year-end 2026 through a combination of new drilling, legacy wellsite revitalization, and acquisitions.
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.
Safe & Green Holdings (NASDAQ: SGBX), through its wholly owned subsidiary Olenox Corp., announced the completion of Phase 1 of its intelligent wellsite monitoring system, powered by the company’s Machfu gateway. The AI-driven platform enables real-time, bi-directional monitoring and control to reduce lifting costs, site visits, and energy use while optimizing production. Using a proprietary algorithm, the system adjusts pumpjack operations based on water-cut levels to improve efficiency and extend equipment life. Phase 2 will see full deployment at an Olenox production pad, with shareholders able to monitor real-time results via a read-only webpage.
