New Era Energy & Digital Inc. is facing a civil complaint filed by the State of New Mexico Attorney General and the New Mexico Oil Conservation Division. The company has described the lawsuit as baseless and containing factual errors, asserting that the 87 wells mentioned in the complaint are immaterial to its current business and were already being divested. New Era Energy & Digital also stated that neither the company nor its CEO has been affiliated with Acacia Operating Company or Acacia Resources, disputing claims of any fraudulent schemes. The company emphasized its contributions to New Mexico, including significant spending on state taxes and local business operations, and highlighted plans for a large-scale AI data center campus in Lea County.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Era Energy & Digital Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251229437325) on December 30, 2025, and is solely responsible for the information contained therein.