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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, USA. The Company is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon Projects. The Lavernia project is located in Wilson and Guadalupe Counties, Texas. The Wooden Horse has approximately four leases totaling over 500 acres in the Kingsbury field, which is located in Guadalupe County, Texas. The Stockdale Horizon project is located in Wilson County, Texas. It also owns 100% of Production Resources Inc. (PRI), a South Texas oil company. The PRI project is located in Atascosa, Bexar and Medina Counties, Texas. The Company also owns the DCRC Project, which is located in Duval County, Texas. It has approximately five leases totaling 896 acres in the Piedre Lumbre and Petrox-Government Wells fields.


TSXV:NGY - Post by User

Post by Anomalloyon Mar 24, 2020 4:51pm
179 Views
Post# 30843257

AOC acquisition finalized. And a good update

AOC acquisition finalized. And a good update

This would have been great to hear before consolidation, but... news out and cheap shares available.

""Shelby Beattie, President and CEO of the Company commented: "Although we are all in uncertain times, we are confident that the addition of these assets will assist the Company in maintaining and even growing operations in the weeks and months ahead. We are able to affordably maintain operations as we have our own service rigs and equipment through our subsidiary Production Resources Inc., and we have favorable contracts in place whereby we receive the WTI price plus bonuses for all of our oil production."

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