Chimera Energy Corp Begins Shipping Equipment to Mexico for Non-Hydraulic Shale Oil Extraction on PEMEX Wells

HOUSTON--(BUSINESS WIRE)--

Chimera Energy Corp CHMR announced that they have begun shipping equipment to Mexico to utilize the Company's new Non-Hydraulic Shale Oil Extraction system on PEMEX Central Tajin Area wells number 4, 5 and 6 in the Chicontepic Basin of Mexico. Last Friday, the Company announced the receipt of the official signed document from PEMEX to utilize the Company's new Non-Hydraulic Shale Oil Extraction system on the wells.

Chimera Energy Corp President Charles Grob is expecting to announce a schedule for the operations at the PEMEX wells this week. Chimera's engineering and planning associates have been in Houston making arrangements to coordinate the Mexico project.

Chimera Energy Corp's Non-Hydraulic Extraction system is an unprecedented Shale Oil extraction system designed to safely and economically replace hydraulic fracturing (AKA fracking and fracing) without negative environmental impacts. The new process uses no water and also does not use steam, LPG gel, natural gas or the pumping of anything hot into the well.

PEMEX, also known as Petroleos Mexicanos, has been working with Chimera Energy Corp to utilize CHMR's revolutionary exothermic Non-Hydraulic Extraction method throughout Latin America. The Chicontepec Basin is considered Mexico's largest certified hydrocarbon reserve, totaling more than 139 billion barrels of oil (22.1×109 m3).

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 www.zerowaterfracking.com

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 Chesapeake Energy Corporation CHK, Chevron Corporation CVX, Exxon Mobil Corporation XOM and ConocoPhillips COP.

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

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