New Era Energy & Digital Issues Statement Setting the Record Straight Regarding New Mexico Civil Complaint
New Era Energy & Digital, Inc. (NUAI)
Company Research
Source: Business Wire
MIDLAND, Texas--(BUSINESS WIRE)--New Era Energy & Digital, Inc. (Nasdaq: NUAI) (“New Era” or the “Company”), a developer and operator of next-generation digital infrastructure and integrated power assets in the Permian Basin, today issued the following statement responding to the civil complaint (the “Lawsuit”) recently filed by the State of New Mexico Attorney General and the New Mexico Oil Conservation Division:“The New Mexico Lawsuit is a baseless and uninformed attack on our Company and on our Chairman and Chief Executive Officer, E. Will Gray II. We will aggressively defend New Era and its leadership in Court against these false allegations.We urge our investors and other stakeholders to take note of the following:We believe the allegations in the Lawsuit do not relate to any assets that would have a meaningful impact on our near-term business or operations. As announced on December 23, 2025 we entered into a binding agreement to acquire Sharon AI’s 50% ownership interest in
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