Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. United States
  4. OTC Bulletin Board
  5. Chimera Energy Corp
  6. News
  7. Summary
       US16934U1007

CHIMERA ENERGY CORP

End-of-day quote OTC Bulletin Board  -  08:50:04 2023-03-22 am EDT
- USD    0.00%
2012Charles Grob Resigns from All Positions Held with Chimera Energy Corporation
CI
2012Chimera Energy Corporation Appoints Baldemar Rios as New Chairman and CEO
CI
2012Chimera Energy Corporation Secures $2.5 Million Line of Credit to Implement New Non-Hydraulic Shale Extraction Projects
CI
SummaryNewsCompanyFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Chimera Energy Corp : PEMEX Signs Deal with CHMR for New Non-Hydraulic Shale Oil Extraction System Designed to Safely Replace Hydraulic Fracturing

08/09/2012 | 09:20am EDT

Chimera Energy Corp (OTCBB:CHMR) announced today that they have executed a Memorandum of Understanding with PEMEX, also known as Petroleos Mexicanos, regarding the utilization of CHMR's revolutionary exothermic Non-Hydraulic Extraction method throughout Latin America. The Non-Hydraulic Extraction method is a revolutionary Shale Oil extraction technology designed to safely and economically replace hydraulic fracturing (AKA fracking and fracing) without negative environmental impacts. The new process uses no water.

PEMEX and Chimera Energy Corp have signed a deal on Non-Hydraulic Shale Oil Extraction. (Photo: Busi ...

PEMEX and Chimera Energy Corp have signed a deal on Non-Hydraulic Shale Oil Extraction. (Photo: Business Wire)

PEMEX is the largest company in both Mexico and all of Latin America. Some of the largest concentrations of Shale Oil in the world are located throughout Latin America. The MOU precedes a supplemental encompassing agreement.

Non-Hydraulic Extraction has recently emerged to be asserted as a cheaper and more effective extraction method that does not affect groundwater at all. Chimera Energy Corp is in the process of reengineering this new method for mass production, relicensing and sales. For a description of how Non-Hydraulic Extraction works, high-speed broadband users may visit www.zerowaterfracking.com

Or you may alternatively visit www.chimeraenergyusa.com/investors.html

Chimera Energy Corp is a Texas corporation listed on the OTCBB under the trading symbol CHMR. Chimera Energy Corp (CHMR) acquires, develops, licenses and sells new energy technology and products that are designed to profit from the current domestic shale oil boom. CHMR competes in an industry sector that includes Halliburton (NYSE: HAL), Schlumberger (NYSE: SLB), EnCana Corporation (NYSE: ECA) and Continental Resources, Inc. (NYSE: CLR).

More information about Chimera Energy Corp may be found at www.ChimeraEnergyUSA.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50371952&lang=en

Chimera Energy Corp
Charles Grob, 832-390-2334


ę Business Wire 2012
All news about CHIMERA ENERGY CORP
2012Charles Grob Resigns from All Positions Held with Chimera Energy Corporation
CI
2012Chimera Energy Corporation Appoints Baldemar Rios as New Chairman and CEO
CI
2012Chimera Energy Corporation Secures $2.5 Million Line of Credit to Implement New Non-Hyd..
CI
2012Chimera Energy Corporation Sets 90-Day Schedule for Non-Hydraulic Extraction Deployment..
CI
2012Pemex Officials Deliver Logging Reports on Target Wells to Chimera Energy Corporation f..
CI
2012Chimera Energy Corp : Begins Shipping Equipment to Mexico for Non-Hydraulic Shale Oil Extr..
BU
2012Chimera Energy Corporation Begins Shipping Equipment to Mexico for Non-Hydraulic Shale ..
CI
2012Chimera Energy Corp : PEMEX Executes Go Ahead for Three Wells to use CHMR System Designed ..
BU
2012Chimera Energy Corp : Chemical Engineer Announces Details of Chimera Energy Corp's Revolut..
BU
2012Chimera Energy Corp : President Comments on Recent Developments
BU
More news
Managers and Directors
Baldemar Rios Chairman, Chief Executive Officer & Secretary
Sector and Competitors
1st jan.Capi. (M$)
CHIMERA ENERGY CORP0
SCHLUMBERGER LIMITED-9.69%68 925
HALLIBURTON COMPANY-18.83%28 878
BAKER HUGHES COMPANY-5.05%28 355
NOV INC.-12.16%7 208
TECHNIPFMC PLC11.07%5 975
1 MarketScreener is worth more than 1000 Influencers!
100% Free Registration
fermer