Safe & Green Holdings acquires 1,600 acres of oil leases in Texas for $1M

OLENOX INDUSTRIES INC.

Acquisition of Sherman Oil assets includes 111 wells; currently producing ~45 bbl/day.
Purchase price $1,000,000 payable in four $250K cash installments over 240 days.
Company expects to ramp production to 75+ bbl/day within 4 months using Olenox technology.
Deal adds held-by-production leases in Wichita and Wilbarger Counties, Texas.

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