Nexera Energy Inc V.NGY

Confirmation stage is very interesting!

[Hortonfan11]

So the latest NR is nice to see.  Not only is it a follow up to the last (rate for this company to have follow up releases) but saying they are in confirmation stage is exciting news!! 

Did anyone else see that they are staying in the same drilling areas while waiting on the confirmation and if they get a good well, they own a large portion of property around that area.  

is it accumulation time yet??

[Sam93940]

Did not expect to see news today but happy to read it.  Drilling in the same area as H1 (in confirmation stage) is a good sign.  Management may know more than what is being published and are optimistic in the area.   At the end of the day, I will wait and see what happens with the H1 well.

[Mcleams]

Ha s. of been here long enough to know the whole history. Oil is coming back I want to find my 10 bagger.  I started be eliminating anything that the Keystone pipeline affected, so most of Canada lol. Found this after a friend told me to take a look. He's a oil and has heard "quiet rumblings" that's something good is coming.  if that's the case I still

[Hortonfan11]

Funny because I have heard the same rumblings but nothing concrete.  I hope they land a good find here.  Even with the 25% profit taking, they don't have overhead because the company doesn't pay for the drilling.  With what I saw, they only have about 28m outstanding shares so sky is the limit if they are actually getting good oil at the H1 site. 

[Mcleams]

Fingers crossed. Not sure how long it takes to confirm.   

[Notmyfirstrodeo]

The confirmation stage, a word I've not heard used in 30 years of working in the oil patch, could take a few days to a few months. Not because it can take that long but because that's how slowly these guys can work. Hopefully with every well they do being done with a partner things will speed up but if the stockdale well is any indication it's business as usual. Over a month since that