CHMR Chimera Energy Corporation (CE)

Chimera Energy Corp (OTCBB: CHMR) proudly announce today that Oil and Gas stalwart Weis S.A. has come aboard to oversee the integration of CHMR’s new Non-Hydraulic Shale Oil Extraction system with PEMEX and other potential customers. Company management has already begun their direct meetings with PEMEX to collaborate on utilizing CHMR’s revolutionary exothermic Non-Hydraulic Extraction system throughout Latin America, pursuing an initial deal between the two companies that was executed last week. Weis S.A. is also headquartered in Mexico City. Chimera Energy Corp management sees the addition of Weis S.A. as a very positive event for the Company, given the likely prospects for the use of their new technology throughout Latin America.

Mexico City is proving to be a hub of business for Chimera Energy Corp as both Pemex and Weis S.A. are headquartered there. (Photo: Business Wire)

The Non-Hydraulic Extraction system 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.

“We are making this impressive new technology our highest priority,” stated Valdamar Rios, Director of Weis S.A. “We believe that our presence on this project further insures its successful implementation and decreases the timing segment for ongoing manufacturing-to-sales for the product.”

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 Shale Oil Extraction works, please 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 Chesapeake Energy Corporation (NYSE: CHK), Continental Resources, Inc. (NYSE: CLR), Heckmann (NYSE: HEK), Exco (NYSE: XCO) and Xylem (NYSE: XYL).

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.

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Chimera Energy (CE) (USOTC:CHMR)
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