New Influential Anti-Hydraulic Fracking Movement Could Be Big Boost for CHMR's New Non-Hydraulic Extraction
August 31 2012 - 6:30AM
Marketwired
Chimera Energy Corp (OTCBB: CHMR): The hydrocarbon industry is
rampant with stories of the "Big Boys" of hydraulic fracking being
involved in controversy that is triggering calls for investigations
into ties between the hydrocarbons industries and academic
institutions conducting research into shale resources. Professors
and staff at the State University of New York at Buffalo recently
requested further information on the founding and funding of the
school's Shale Resources and Society Institute. It is well known
that the hydraulic fracking industry has recently spent fortunes
for positive PR and expensive television advertising spots. When
such wealth may feel threatened by opposing evidence or new and
cleaner technology, one can't help but feel that the halls of
established power are stacked against the newcomers. In business,
one could see that the status quo of fracking would be compelled to
use every bit of their wealth, power and influence at every level
in a no holds bar effort to protect their investments, profits and
turf.
Now, there may be some well-known and influential help to
balance the scales of power in a more transparent and fair way. On
Wednesday, a new group called "Artists Against Fracking" went
public and began taking active steps yesterday to foil hydraulic
fracturing, starting in New York. The new influential group
reportedly includes the family of the late John Lennon -- Sean
Lennon & Yoko Ono, Paul McCartney and a vast membership of some
of the most recognizable names in America. One visit to their
website shows how serious they plan to fight the "Big Boys" of
hydraulic fracking. The website may be seen at
www.ArtistsAgainstFracking.com
Cornell Engineering Professor Anthony Ingraffea, who appeared at
the Artists Against Fracking conference, said industry data show
one out of 20 wells leak. "No matter what the industry tells you,
their own data ... proves conclusively to any reasonable scientist
or engineer that it is impossible to design any well so it will
never leak," Ingraffea said. "Wells will leak. Wells do leak. The
best and the brightest in that industry have been trying to solve
that problem for 100 years."
Chimera Energy Corp feels that they have a viable solution to
this problem that uses zero water. It is a system called
Non-Hydraulic Extraction and can be seen on the Company's website
at www.ChimeraEnergyUSA.com
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.
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
Some U.S. hydrocarbons industries with financial interests in
older hydraulic fracturing methods are perceived active rivals to
Chimera Energy Corp's new Non-Hydraulic Oil Extraction. As such,
Chimera's management is engaging specialized expertise to further
safeguard its valuable Intellectual Property.
Chimera Energy Corp's management believes that the more that the
public is made aware of better alternatives to hydraulic fracking,
the better their chances of proliferating their new technology that
is designed to safely replace it. Artists Against Fracking may be
an unstoppable force to inform the public about the same science
that makes the Company feel its Intellectual Property will be the
next big thing in Shale Oil extraction
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.
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.
Media Contact: Charles Grob Chimera Energy Corp 832-390-2334
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