Chimera Energy Corp., a Houston-based company that says it has developed a new, non-hydraulic shale oil-and-gas extraction technology, has offered little substance to bolster its claims. Establishing definitive proof of the company's technological claims or the business relationships touted in its press releases is about as easy as finding an actual example of the company's namesake, a Greek mythological creature with a lion's head, a goat's torso and a snake's tail.
ENR recently mentioned Chimera as one of a number of energy-services firms that eliminate or greatly reduce the volume of water required in the controversial hydraulic-fracturing shale-gas extraction process. The company's chairman, Charles Grob, e-mailed ENR saying he did not have time to discuss specifics. "We plan to address the recent issues and concerns in an upcoming press release," he added.