Nexera Energy Announces Lease Extension at Huebinger

ACCESS Newswire
04 Aug 2020, 18:01 GMT+10

CALGARY AB, and SAN ANTONIO, TX / ACCESSWIRE / August 4, 2020 / Nexera Energy Inc. (TSXV:NGY)(OTC PINK:EMBYF) (the 'Company' or 'Nexera') announced that the Company has acquired an extension for the Huebinger lease at the Company's Wooden Horse project. The Wooden Horse properties primarily consist of the Company's producing Kuhn wells, along with the 200 acres acquired in the Huebinger lease which was set to expire August 1^st.

The Company acquired the extension as it is currently in negotiations to increase its working interest in the Wooden Horse project to 72.22% from its current 50% interest.

About Nexera Energy Inc.

Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. Nexera is owner and operator of the Lavernia, Wooden Horse and Nash Creek Projects. Additionally, the Company owns and operates various working interests in the HugoCellR, Cotulla, and MarPat partnerships. The Company also owns 75% of Production Resources Inc., a South Texas oil company.

For further information, please contact:

Nexera Energy Inc. President, Shelby D. Beattie, by telephone at (403) 262-6000

Email: [email protected]

www.nexeraenergy.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Nexera Energy Inc.

View source version on accesswire.com:
https://www.accesswire.com/600184/Nexera-Energy-Announces-Lease-Extension-at-Huebinger

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