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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 Notmyfirstrodeoon May 17, 2021 1:33pm
113 Views
Post# 33214859

March 9th NR = Pack of Lies

March 9th NR = Pack of Lies It been well over two months since they brought their last well into production or said they did. Can't believe this management so that was probably a lie. They were also moving equipment to another lease immediately to work on a new well. Drilling is still slow in Texas so I suppose that equipment can sit doing nothing for now. They still don't have any production numbers for the new wells or any REAL news on when they will continue drilling. Their continued silence has increased shareholders losses and I think they may be aiming for a two cents share price. Fortunately the silence will end soon because they can't get around releasing first quarter results forever. We will see how much more debt they have accumulated. I wonder if I can dig up the info on how much they pay themselves to do nothing. 
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