New Frontier Energy Inc. (PK:NFEI)
Business Focus: Oil & Gas Exploration and Production
Nov 03, 2022 12:45 pm ET
New Frontier Energy Highlights Over $600,000 Reduction in Liabilities, Including $262,500 of Convertible Debt, Associated With Recent Exit from Real Estate Business
ORLANDO, FL / ACCESSWIRE / November 3, 2022 / New Frontier Energy, Inc. (OTC:NFEI), exclusive licensor of Resonance And Micronization System (R.A.M.S.) technology, has reported a reduction in liabilities totaling $604,941, comprised of $342,441 in accrued salary and $262,500 in convertible debt obligation, in conjunction with its exit from the real estate business.
Oct 05, 2022 08:30 am ET
New Frontier Energy Announces New Business Focus and Strategies: Oil Shale Extraction
ORLANDO, FL / ACCESSWIRE / October 5, 2022 / Effective September 7, 2022, the Board of Directors of New Frontier Energy, Inc. (OTC:NFEI) determined to cease real estate-related operations and adopted a new business plan to enter the oil shale extraction industry, with its business centered around a technology known as Resonance And Micronization System (R.A.M.S.) which it has sublicensed, on an exclusive basis, from United Energy Corp. (OTC:UNRG), with the consent of the master license holder.
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