Olenox Industries (NASDAQ: OLOX) announced it is moving its previously announced North Texas multi-well oil and natural gas development program into field execution, with seismic work expected to begin the week of Sept. 7, 2026. The company has engaged a seismic services firm and added geological and engineering expertise to evaluate 10 potential drill sites, with fieldwork expected to take approximately two to three weeks.
The resulting subsurface data will be used to rank potential drilling locations and guide the initial drilling phase, with the sites potentially supporting as many as 10 wells over time. Olenox said preliminary geological assessments indicate promising natural gas potential and, if commercially recoverable resources are confirmed, the company intends to evaluate using locally produced natural gas to generate power for its expanding digital-infrastructure operations.
To view the full press release, visit https://ibn.fm/ybeXg
About Olenox Industries Inc.
Olenox Industries Inc. (NASDAQ: OLOX) is a vertically integrated energy company operating across multiple business lines, including oil and gas, energy services, and energy technologies. The Company is focused on acquiring, optimizing, and scaling energy-related infrastructure and operating assets across key U.S. markets.
NOTE TO INVESTORS: The latest news and updates relating to OLOX are available in the company’s newsroom at https://ibn.fm/OLOX
About MissionIR
MissionIR (“MIR”) is a specialized communications platform with a focus on assisting IR firms with syndicated content to enhance the visibility of private and public companies within the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MIR is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MIR brings its clients unparalleled recognition and brand awareness.
MIR is where breaking news, insightful content and actionable information converge.
For more information, please visit www.MissionIR.com
Please see full terms of use and disclaimers on the MissionIR website applicable to all content provided by MIR, wherever published or re-published: https://www.MissionIR.com/Disclaimer
MissionIR
Austin, Texas
www.MissionIR.com
512.354.7000 Office
Editor@MissionIR.com
MissionIR is powered by IBN