Chimera Energy Corporation announced that company management has secured a $2.5 Million (U.S.) line of credit to be used in implementing Non-Hydraulic Shale Extraction on projects in conjunction with Pemex on wells in the Chicontepic Basin of Mexico and future locations, as needed. PEMEX and Chimera Energy Corp. executed a Memorandum of Understanding last month regarding the utilization of CHMR's revolutionary exothermic Non-Hydraulic Extraction method throughout Latin America.

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. Well data received from PEMEX shows that the first wells targeted for deployment may be ideal for Non-Hydraulic Extraction versus hydraulic fracking -- even beyond the environmental positives.

A majority of Chicontepic Basin wells show to have extremely large pocket reserves off of the main well bore, which may be easier to open up with the focused pressures designed into the Non-Hydraulic Extraction system as opposed to regular hydraulic fracking. The Company plans to use the resulting data from Mexico to further proliferate the new technology worldwide, including application for exclusion from France's current shale ban. Non-Hydraulic Extraction has recently emerged to be asserted as a cheaper and more effective extraction method that does not affect groundwater at all.