Jan 27, 2026 (MarketLine via COMTEX) --
Olenox Industries Inc. has commenced the recommissioning of 162 miles of pipe as a wet gas pipeline.
Olenox Industries Inc. (NASDAQ: OLOX) (“Olenox Industries” or the “Company”) is pleased to announce it has commenced the process of recommissioning its 162 miles of pipe as a wet gas pipeline. The recommissioned pipeline will be both a producer of NGLs (Natural Gas Liquids) and dry gas. NGLs are high-value products commonly used in blending lower grade crude through the midstream markets. The dry gas will be sold into the open market and open contracts.
Olenox also intends to utilize the surplus dry gas as feedstock for its containerized generator sets to produce base and peak power into the grid.
The first step of the recommissioning process is to generate a new survey, which is currently under way and expected to conclude mid-February. Once the survey is complete, Olenox can apply to reinstate the license and begin the process of bringing the system back online.
Once back online, it is projected to generate significant revenue per year with the current sales pipeline. Olenox intends to increase this over time with power generation and the sales of NGLs.
About Olenox Industries Inc.
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COMTEX_472525471/2227/2026-01-28T15:31:23
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