Welcome to our dedicated page for Nexera Energy news (Ticker: EMBYF), a resource for investors and traders seeking the latest updates and insights on Nexera Energy stock.
Nexera Energy Inc. (OTC Pink: EMBYF) operates oil production assets and specialized energy services in Southwest Texas. This page aggregates official company announcements, operational updates, and regulatory filings for investors and industry observers.
Access timely reports on production milestones, equipment acquisitions, and service expansions through Production Resources Inc. – the company's wholly owned oilfield services subsidiary. Content spans drilling operations, capital restructuring efforts, and compliance updates, providing comprehensive insight into dual revenue streams from direct production and third-party services.
Key updates include earnings disclosures, strategic partnership announcements, and operational efficiency initiatives across the Lavernia and Stockdale Horizon projects. All materials adhere to regulatory disclosure standards, offering reliable tracking of the company's progress in mature oilfield management and integrated service models.
Bookmark this page for structured access to EMBYF's evolving position in Southwest Texas energy markets. Verify critical updates through cross-referenced filings and monitor long-term strategic developments through our maintained news archive.
Nexera Energy Inc. (OTC PINK: EMBYF) has engaged Investor Cubed Inc. for investor relations services in Canada, effective August 2, 2022. Investor Cubed will manage communications, introduce new investors, and oversee social media campaigns for a monthly fee of CDN$7,500. The agreement also includes issuing 1,200,000 stock options at $0.10 per share, vesting quarterly. CEO Neil Simon expressed optimism about Nexera's potential to scale production amid strong oil market conditions.
Nexera Energy Inc. (OTC PINK:EMBYF) has filed its Q1 financial statements and accompanying documents as required by the Alberta Securities Commission. This follows a management cease trade order related to the late filing. The company confirms no material changes or defaults since its previous announcements, nor any insolvency proceedings. Nexera operates oil projects in Southwest Texas and owns 100% of Production Resources Inc.. The forward-looking statements regarding the company are subject to risks and uncertainties.
Nexera Energy Inc. (OTC:EMBYF) has released a bi-weekly default status report as mandated by National Policy 12-203. The company has filed its annual financial statements for the period ended December 31, 2021, but faces a delay in submitting its Q1 financial statements due by May 2022. A Management Cease Trade Order is currently in place for the CEO and CFO, restricting their trading activities. The company plans to meet filing obligations by June 13, 2022, while assuring no additional material defaults or insolvency issues exist.
Nexera Energy Inc. (OTCPINK:EMBYF) issued a bi-weekly Default Status Report following delays in filing its annual financial statements due on April 25, 2022. The Alberta Securities Commission granted a Management Cease Trade Order restricting trading by insiders until the filings are completed, expected by May 30, 2022. No new material information affecting investors has been disclosed. The company will continue to provide updates every two weeks until compliance with filing requirements is achieved.
Nexera Energy Inc. (OTC PINK:EMBYF) announced a delay in filing its Q1 financial statements due to ongoing issues with the 2021 annual financial statements. The Company anticipates missing the May 30, 2022 filing deadline, with a revised filing date no later than June 13, 2022. Additionally, Nexera has applied for a Management Cease Trade Order with the Alberta Securities Commission, which could restrict trading for insiders but not for the general public. Despite this setback, the Company reported no other material business developments since its last financial statements.
Nexera Energy Inc. (OTC PINK: EMBYF) has issued a bi-weekly default status report due to delays in filing its annual financial statements for the period ended December 31, 2021. The Alberta Securities Commission granted a management cease trade order affecting trading by the CEO and CFO until the filings are completed. The company aims to file by May 30, 2022, and will continue to provide updates. There have been no additional material changes or defaults reported since the initial announcement.
Nexera Energy Inc. (OTC PINK: EMBYF) announced a delay in filing its annual financial statements for the year ended December 31, 2021, originally due by May 2, 2022. This delay is attributed to staffing issues with both current and previous auditors, with an expected filing date no later than July 1, 2022. The company has applied for a Management Cease Trade Order (MCTO) from the Alberta Securities Commission due to this anticipated default. While Nexera will issue bi-weekly updates under the Alternative Information Guidelines, no significant business developments have occurred since the last financial statements.
Nexera Energy Inc. (OTC:EMBYF) has appointed Crowe MacKay LLP as its new auditor, following the resignation of the previous auditors on March 28, 2022, at the request of the Audit Committee. There were no disagreements or unresolved issues with the former auditors. Nexera operates oil-producing properties in Southwest Texas, including the Lavernia, Wooden Horse, and Stockdale Horizon Projects, and recently acquired 100% ownership of Production Resources Inc.
Nexera Energy Inc. (OTC PINK: EMBYF) announced plans to drill a second deep horizontal well at its Stockdale Horizon project in South Texas, in partnership with Alliance Petroleum Interests. Preparations are complete, and drilling is expected to commence around November 12, 2021, targeting a depth of approximately 6,400 feet. Results from the first well have been promising, and this initiative reinforces Nexera's strategy to explore high-impact horizontal drilling in the region.
Nexera Energy Inc. (OTC PINK: EMBYF) reported positive production results from its Huebinger E1 well, averaging 26 barrels of oil per day over its first six weeks. Initial projections estimate first-year production at 8,700 barrels, with payback expected in approximately seven months. The Huebinger E2 well is also set to begin production soon. Additionally, the McGrew 1H well at Stockdale Horizon is now operational. The company has identified five new drilling locations based on recent successes.
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