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Nexera Energy Inc V.NGY

Alternate Symbol(s):  EMBYF

Nexera Energy Inc. is a Canada-based energy company with oil producing properties in southwest Texas. The Company is engaged in the exploration for and development of petroleum and natural gas properties, principally in Alberta, Canada and Texas, United States. Its projects include Stockdale Horizon, Lavernia, Wooden Horse, PRI Projects and DCRC Project. The Stockdale Horizon project is located in Wilson County, Texas. The Lavernia project is located in Wilson and Guadalupe Counties, Texas. The Wooden Horse project is located in Guadalupe County, Texas. The Wooden Horse has approximately four leases totaling over 500 acres in the Kingsbury field. The DCRC Project is located in Duval County, Texas. It has approximately five leases totaling 896 acres in the Piedre Lumbre and Petrox-Government Wells fields. The PRI project is located in Atascosa, Bexar and Medina Counties, Texas.

TSXV:NGY - Post by User

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  • NotmyfirstrodeoX
Post by Notmyfirstrodeoon Jan 27, 2021 10:50pm
Post# 32406507

They did it again

They did it again They punch a hole and bring it into production and the stock price goes up. Then they go three weeks without any news on the amount of oil they are getting from the well so that the stock price goes down. Without any news stockholders can only assume that this hole is another high water low oil producer. The hole they are drilling now is taking forever considering these holes aren't very deep. It's not like they're going 6000 meters down next to the Rockies where the drilling is hard. Another hole that should be done and is probably a dud but they're sitting on the news. Of course they could be having problems since the equipment they use is junk. The garbage they will use is the kind of stuff that has long been rusting away in Alberta fields. That's what it looks like from pictures they've shown. Their lack of ability doesn't help either, it's no wonder they pulled out of Alberta. 
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