RE:RE:This is not a Canadian play?Thanks for the read and update on the company. So now they are in Texas it seems as was pointed out by the last NR and they have hit something but if your right, we probably wont see any news on the release of what they found or how much oil is in it?
The NR seemed to indicate that whatever it is, its going to be good.
I think I also read that they have a company doing the drilling for free but they keep 75% of whatever they find? I think that means aside from salaries, Nexera does not have any overhead and a good oil find could be very profitable.
I'm still doing my DD on this but its going to be interesting if they release any follow up with numbers.