HOUSTON--(BUSINESS WIRE)--Chimera Energy Corp (OTCBB: CHMR): With the purpose of dispelling incorrect rumors regarding CHMR’s Non- Hydraulic Extraction process, Valdamar Perez Rios, Director of Weis S.A. has announced scientific portions of the new process that differentiate it from any prior technology.
“The new non-hydraulic or exothermic extraction process does not use steam, LPG gel, natural gas or the pumping of anything hot into the well being used. The central operation in the process uses only inert elements. These elements are non-toxic or caustic in any way,” stated Rios. “In a typical well that would use this process, you have a vertical section and a horizontal section. The horizontal section is where most of the operation takes place. First, the horizontal well casing is perforated pneumatically. This allows the extraction process to reach the target area surrounding the casing. Depending on the size of the casing in the well, moveable pressure plugs are placed at optimum distances to segment the horizontal section and allow for engineered pressures.”
“Then Helium, beginning in its liquid state, is used to create the pressures needed to open up existing fractures and form new ones. Under exothermic control, Helium will increase in volume 757 times in transitioning from a liquid to gaseous form. With plentiful pressure available, engineering the segmenting distances multiply the effect. Helium is the 2nd most abundant element in the Universe and it is less water soluble than any other gas known. Helium’s diffusion rate through solids extremely high, negating the need for solvents in the process. Without disclosing the very unique Intellectual property of the Company, you can see that CHMR’s Non-Hydraulic Extraction is quite different than any other proposed process. It is as unique as the special properties of Helium itself. To see what I mean, you can go to http://www.youtube.com/watch?v=2Z6UJbwxBZI.”
Chimera Energy Corp is in the process of reengineering this new method of Shale Oil extraction for mass production, relicensing and sales. Due to the recent positive developments in Mexico, the Company now expects to complete much of this work in Mexico with some opportunities in PEMEX. More on the revolutionary process can be seen at www.zerowaterfracking.com.
Valdamar Perez Rios holds a Master Degree in Chemical Engineering from the University of California San Jose. Mr. Rios has an extensive background in oil & gas, including working with PEMEX for several years.
About Chimera Energy Corp.
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. Chimera Energy Corp operates 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
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