Chimera Energy Corp (OTCBB: CHMR) disclosed today that Company management has selected Air Liquide as its supplier of helium for use in Non-Hydraulic Extraction on Pemex wells in the Chicontepic Basin of Mexico. Articles have circulated recently that report a temporary tightening in the worldwide helium supply. As such, Chimera Energy Corp management acted quickly to identify the supplier for the project in order to eliminate any potential impact.
Air Liquide is a publicly traded company that is headquartered in Paris and listed on the stock market in France. Chimera Energy Corp is acting to request that the French government consider excluding the Company's Non-Hydraulic Extraction from the country's current Shale ban.
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.
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.
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