---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-048548"
form_type: "8-K"
ticker: "OLOX"
cik: "0001023994"
company_name: "OLENOX INDUSTRIES INC."
filed_at: "2025-05-29T23:59:59+00:00"
generated_at: "2026-05-20T05:23:08.042586+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-048548
- form_type: 8-K
- ticker: OLOX
- cik: 0001023994
- company_name: OLENOX INDUSTRIES INC.
- filed_at: 2025-05-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023994/000121390025048548/0001213900-25-048548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023994/000121390025048548/ea0243768-8k_safe.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-048548
- JSON: https://secwatch.observer/filing/0001213900-25-048548.json
- Plain text: https://secwatch.observer/filing/0001213900-25-048548.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.