Nexera Energy Inc. reported that the Company has completed drilling the Huebinger E1 well at the Company’s Wooden Horse project in South Texas. The well has been cased and is being equipped to begin production testing. Huebinger E1 was drilled in partnership with Alliance Petroleum Interests (“Alliance”), of Dallas, Texas whereby Alliance pays 100% of the costs to drill and complete the well and Nexera retains 25% of its interest at no cost to the Company. Nexera and Alliance are now moving forward with drilling a second well at Wooden Horse. Additionally, the Company reported that testing operations continue to progress at the recently drilled Stockdale Horizon 1H well. Currently, the Company is limited to daylight hours testing. During the testing intervals to date the well has consistently flowed back load/kill fluids, oil, and gas at rates in excess of 1 million cubic feet per day at approximately 1,500 psi.