Nexera Energy Inc. has acquired an extension for the Huebinger lease at the company's Wooden Horse project in southwest Texas. The Wooden Horse properties primarily consist of producing Kuhn wells, along with the 200 acres acquired in the Huebinger lease which was set to expire August 1 (OGJ Online, June 22, 2020).
The operator is currently in negotiations to increase its working interest in the Wooden Horse project to 72.22% from its current 50% interest.