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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 Feb 23, 2023 6:49pm
Post# 35302257

Does anyone remember this.

Does anyone remember this.

Were they lying or did they forget they were going to drill. A news release about something that doesn't happen and then nothing for months. How about letting investors know what happened. The lie was that there was a contract signed, what happened did the dog eat it.

CALGARY AB and SAN ANTONIO, TX / ACCESSWIRE / October 3, 2022 / Nexera Energy Inc. (TSXV:NGY)(OTC PINK:EMBYF) (the "Corporation", the "Company" or "Nexera") is pleased to announce that the Company, in partnership with Alliance Petroleum Interests ("Alliance") of Dallas, Texas, has signed a drilling contract with Unison Drilling Inc. to commence horizontal drilling operations on three wells at the Company's Stockdale Horizon project in South Texas. The vertical sections in the Lambeck 1H and Jendgrov 1H were drilled previously, and the Company has now secured the drilling rig and services to complete the horizontal sections in the wells. Once operations commence, drilling the wells to the targeted measured depths of approximately 6,400 feet will take approximately three to six weeks Upon completing the horizontal sections of Lambeck 1H and Jendgrov 1H, the Company will move the rig to the McGrew 1H well to re-drill and extend the horizontal section of the well.

The three horizontal wells at Stockdale represent the Company's commitment to a new transformative strategy of drilling high impact horizontal wells as part of the Company's exploration program in South Texas.

Shelby Beattie, CEO of Nexera commented "we are excited to see the completion of these three wells as it should add meaningful revenue to Nexera. Our commitment to continue drilling more wells and building the company is our priority and immediate goal". "Having established relationships over several decades in Texas firmly positions us to aggressively identify prime drilling targets to continue to increase production" further added Mr. Beattie.

About Nexera Energy Inc.

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