Good finds James. This new technology definitely is a very interesting concept, it's tailor made for places like the Karoo.
Weis S.A. and PEMEX already on-board for this new technology.
Weis S.A. Steps Onboard to Integrate CHMR’s Non-Hydraulic Shale Oil Extraction System
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)