Court approves $1M settlement in New Mexico lawsuit against New Era Energy

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New Era Energy & Digital Announces Final Approval of Settlement Dismissing the State of New Mexico’s Claims Against the Company

July 9, 2026 5:34 PM EDT

MIDLAND, Texas, July 09, 2026 (GLOBE NEWSWIRE) -- New Era Energy & Digital, Inc. (Nasdaq: NUAI) (New Era or the Company), a developer of next-generation digital infrastructure and integrated power assets, today announced that the United States Bankruptcy Court for the Western District of Texas has approved New Eras previously disclosed settlement with United States Trustee for the bankruptcy estates of Acacia Resources, LLC and Acacia Operating Company, LLC (the Trustee).

As previously disclosed, this settlement resolves all trustee-controlled claims in the State of New Mexicos lawsuit against the Company and certain related... More