Nexera to Launch New Subsidiary to Plug Inactive Wells in Texas

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Feb 18, 2021
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SAN ANTONIO, TX and CALGARY, AB / ACCESSWIRE / February 18, 2021 / (TSXV:NGY, Financial)(OTC PINK:EMBYF) (the "Company" or "Nexera") an existing producer of oil and gas in South Texas is pleased to announce that it plans to form a new wholly owned subsidiary, Nexera Energy Services, Inc., to engage in plugging inactive oil wells. The Company has secured and owns all the required equipment, and has the expertise, including qualified employees, to engage in the plugging of inactive and orphaned wells throughout the State of Texas.