CHMR's Non-Hydraulic Extraction Does Not Utilize Radioactive Equipment Like Halliburton Recently Lost
(firmenpresse) - HOUSTON, TX -- (Marketwire) -- 09/19/12 -- Chimera Energy Corp (OTCBB: CHMR) -- DailyTech has reported, in an article titled "Oil Company Loses Radioactive Tool; Could be Dangerous to Humans," that "Halliburton recently announced that it lost a 7-inch radioactive cylinder that is used for hydraulic fracturing. Hydraulic fracturing is a process where oil and gas companies insert water and other components underground to break up subterranean formations. By doing this, natural gas is free to leak to the surface. However, Halliburton slipped up and lost this 7-inch radioactive cylinder somewhere in West Texas." The full article can be seen at
Chimera Energy Corp's Non-Hydraulic Extraction system is an unprecedented technology designed to safely and economically replace hydraulic fracking (AKA fracturing and fracing) without negative environmental impacts. The new process uses no water and also does not use radiation, steam, LPG gel, natural gas or the pumping of anything hot into the well.
Chimera Energy Corp is currently proceeding with efforts to utilize Non-Hydraulic Extraction on wells located at the Chicontepic Basin. This basin is considered Mexico's largest certified hydrocarbon reserve, totaling more than 139 billion barrels of oil (22.1×109 m3). The Company plans to use the resulting data from Mexico to further proliferate the new technology worldwide.
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, please visit
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.
More information about Chimera Energy Corp may be found at
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.
Media Contact:
Charles Grob
Chimera Energy Corp
832-390-2334
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Datum: 19.09.2012 - 12:20 Uhr
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News-ID 184816
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HOUSTON, TX
Kategorie:
Mining & Metals
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