Olenox Industries Inc. (NASDAQ: OLOX) Advances Well Revitalization Program as Production Stabilizes in Texas Fields
Vertically integrated energy company Olenox has successfully restored 10 oil wells since December 2025, with additional wells scheduled to come online weekly. Output from the Wichita County field is nearing the company’s near-term goal of 70 barrels of oil per day. Olenox is preparing to relicense its 162-mile pipeline, expected to be operational by the third quarter of 2026. Management is evaluating more than 6,000 acres of potential assets that could support additional drilling and workover activity. The company aims to reach 1,000 barrels of oil equivalent per day by year-end 2026 through drilling, revitalization, and acquisitions. Olenox Industries (NASDAQ:…