09:23 AM EDT, 10/20/2025 (MT Newswires) -- Safe & Green's ( SGBX ) energy development subsidiary Olenox said Monday it has started an initial review of several drilling sites on leases held within its oil and gas portfolio.

Olenox said it plans to execute an "aggressive" drilling program, aiming to complete one drilling project in Q4, followed by an "ambitious" drilling agenda in 2026 and beyond.

The company's internal goal is 1,000 barrels of oil equivalent per day by the end of 2026, according to Olenox CEO Michael McLaren.