Nexera Energy Inc.: Nexera to Launch New Subsidiary to Plug Inactive Wells in Texas
SAN ANTONIO, TX and CALGARY, AB / ACCESSWIRE / February 18, 2021 / (TSXV:NGY)(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.
Nexera Energy Services will work with local landowners, government and regulatory agencies, and academic institutions and experts, to remediate the abandoned and orphaned well issue, one well at a time, starting with plugging three inactive wells on its own leases.
Nexera to Launch New Subsidiary to Plug Inactive Wells in Texas
pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.
Nexera to Launch New Subsidiary to Plug Inactive Wells in Texas
newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.