Ameerex Corporation Confirms Entry into the U.S. Oil Market Through British Joint Venture Falcon Caddo Venture to Reach 5,000 Barrels per Day in Texas
Ameerex Corporation (OTC:HIRU) confirmed a strategic U.S. entry by acquiring an initial 40% equity stake in Falcon Caddo Venture LLC, operator of the Rasberry Unit Field in Foard County, Texas.
The Rasberry Unit covers ~4,435 acres in the Caddo Limestone Reef with an estimated 24 million barrels BOE in place. Ameerex expects production to rise from ~800 BOPD to ~5,000 BOPD by mid-2026 via 18 well redevelopments, expanded water injection to 15,000 BPD, and enhanced secondary recovery. The venture is equity-financed by principal Qatari shareholders with no bank debt. Ameerex is also negotiating a Canada producing-asset partnership exceeding 5,000 BOPD as a next phase.
Ameerex Corporation (OTC:HIRU) ha confermato un ingresso strategico negli Stati Uniti mediante l'acquisizione di una quota iniziale del 40% dell'equity in Falcon Caddo Venture LLC, operatore del Rasberry Unit Field nel Foard County, Texas.
Il Rasberry Unit copre circa 4.435 acri nella barriera di calcare Caddo (Caddo Limestone Reef) con una stima di 24 milioni di barili BOE in situ. Ameerex prevede che la produzione aumenti da circa 800 BOPD a circa 5.000 BOPD entro metà del 2026 tramite 18 redeploy di pozzi, espansione dell'iniezione d'acqua a 15.000 BPD e migliorate tecniche di recupero secondario. L'impresa è finanziata con capitale azionario dai principali azionisti qatarioti senza debito bancario. Ameerex sta anche negoziando una partnership su un asset di produzione in Canada superiore a 5.000 BOPD come fase successiva.
Ameerex Corporation (OTC:HIRU) confirmó una entrada estratégica en EE. UU. mediante la adquisición de una participación inicial del 40% del capital en Falcon Caddo Venture LLC, operador del Rasberry Unit Field en el condado de Foard, Texas.
El Rasberry Unit abarca ~4.435 acres en el arrecife de piedra caliza de Caddo con una estimación de 24 millones de barriles BOE en sitio. Ameerex espera que la producción aumente de ~800 BOPD a ~5,000 BOPD para mediados de 2026 mediante 18 redeploys de pozos, expansión de la inyección de agua a 15.000 BPD y recuperación secundaria mejorada. La empresa está financiada con capital de los principales accionistas cataríes sin deuda bancaria. Ameerex también está negociando una asociación de un activo productor en Canadá que exceda 5.000 BOPD como siguiente fase.
Ameerex Corporation (OTC:HIRU)은 Falcon Caddo Venture LLC의 초기 40% 지분을 인수하여 미국에서의 전략적 진출을 확인했습니다. 이 법인은 텍사스주 포드 카운티에 위치한 Rasberry Unit Field를 운영합니다.
Rasberry Unit은 Caddo Limestone Reef에 위치한 약 4,435 에이커를 포함하며, 현존 매장량은 24백만 배럴 BOE 규모로 추정됩니다. Ameerex는 생산이 대략 800 BOPD에서 2026년 중반까지 대략 5,000 BOPD로 증가할 것으로 기대하며, 이는 18개의 우물 재개발, 물 주입을 15,000 BPD까지 확대하고 향상된 2차 회수를 통해 달성될 예정입니다. 이 벤처는 카타르 주요 주주들에 의해 자본으로 조달되며 은행 차입금이 없다고 명시되어 있습니다. 또한 Ameerex는 차기 단계로 5,000 BOPD를 초과하는 캐나다의 생산자산 파트너십을 협상 중입니다.
Ameerex Corporation (OTC:HIRU) a confirmé une entrée stratégique aux États-Unis en acquérant une participation initiale de 40% du capital dans Falcon Caddo Venture LLC, opérateur du Rasberry Unit Field dans le comté de Foard, Texas.
Le Rasberry Unit couvre environ 4 435 acres dans le récif de calcaire Caddo avec une estimation de 24 millions de barils BOE en place. Ameerex s'attend à ce que la production passe d'environ 800 BOPD à environ 5 000 BOPD d'ici la mi-2026 grâce à 18 réaménagements de puits, à l'expansion de l'injection d'eau jusqu'à 15 000 BPD et à une récupération secondaire améliorée. L'entreprise est financée par des actionnaires qataris principaux sans dette bancaire. Ameerex négocie également un partenariat sur un actif de production au Canada dépassant 5 000 BOPD comme prochaine phase.
Ameerex Corporation (OTC:HIRU) bestätigte einen strategischen Markteintritt in den USA durch den Erwerb eines anfänglichen 40%-Stakes an Falcon Caddo Venture LLC, Betreiber des Rasberry Unit Field im Foard County, Texas.
Der Rasberry Unit deckt ca. 4.435 acres im Caddo Limestone Reef ab und hat eine geschätzte 24 Millionen Barrel BOE vor Ort. Ameerex erwartet, dass die Produktion von ca. 800 BOPD auf ca. 5.000 BOPD bis Mitte 2026 steigt, durch 18 Bohrloch-Neudeployments, erweiterte Wasserinjektion auf 15.000 BPD und verbesserte Sekundärgewinnung. Das Joint Venture wird durch das Kapital der wichtigsten katarschen Anteilseigner finanziert und es gibt keine Bankenschulden. Ameerex verhandelt außerdem an der nächsten Phase eine Partnerschaft zu einem Kanada-Produktionsasset über 5.000 BOPD.
شركة أميركس (المدرجة في OTC:HIRU) أكدت دخولًا استراتيجيًا إلى الولايات المتحدة من خلال الاستحواذ على حصة ابتدائية قدرها 40% من رأس المال في شركة Falcon Caddo Venture LLC، وهي مشغلة حقل Rasberry Unit في مقاطعة فورд، تكساس.
يغطي Rasberry Unit نحو 4,435 فدانًا في شعاب كِلاَري Caddo مع تقدير لـ 24 مليون برميل من BOE في المكان. وتتوقع أميركس أن ترتفع الإنتاجية من نحو 800 BOPD إلى نحو 5,000 BOPD بحلول منتصف 2026 من خلال إعادة تطوير 18 بئرًا، وتوسيع حقن الماء إلى 15,000 BPD، وتحسين الاسترداد الثانوي. وتُموَّل الشراكة من قبل المساهمين القطريين الرئيسيين بدون ديون مصرفية. كما تتفاوض أميركس على شراكة لأصل إنتاجي في كندا يتجاوز 5,000 BOPD كمرحلة تالية.
- Initial 40% equity stake in Falcon Caddo Venture
- Production target: ~5,000 BOPD by mid-2026
- Asset scale: 24 million BOE estimated in place
- Equity-financed, no bank debt for the venture
- Ramp depends on activation of 18 wells and infrastructure upgrades
- Funding concentrated with principal Qatari shareholders, concentration risk
- Production target is a future forecast (mid-2026) and not yet realized
ATLANTA, GA / ACCESS Newswire / November 11, 2025 / AMEEREX Corporation (OTC:HIRU), formerly HIRU Corporation, confirmed its official participation in the U.S. energy market through a strategic joint venture with a British energy partner, acquiring an initial
Ameerex's participation is structured to increase during subsequent development phases, with production on track to reach approximately 5,000 barrels of oil per day (BOPD) by mid-2026.
Falcon Caddo: The Core of Ameerex's U.S. Expansion
The Rasberry Unit Field, located in Foard County, Texas, spans approximately 4,435 acres within the prolific Caddo Limestone Reef formation.
Originally discovered by Exxon in 1955, the field remains one of the region's most technically proven assets, containing an estimated 24 million barrels of oil equivalent (BOE) in place.
The reservoir's naturally fractured and porous limestone enables efficient horizontal redevelopment without hydraulic fracturing, ensuring high recovery rates and reduced operational costs.
The redevelopment program includes:
18 wells scheduled for activation and horizontal redevelopment,
Expansion of water-injection capacity to 15,000 barrels per day,
Implementation of enhanced secondary-recovery systems, and
Upgraded tank-battery and injection infrastructure supported by Sunoco offtake agreements.
Production is expected to increase from approximately 800 barrels per day to nearly 5,000 barrels per day by the second quarter of 2026, positioning Falcon Caddo as one of the most dynamic field redevelopments in Texas.
Equity-Financed, Debt-Free Growth
Ameerex confirmed that the entire Falcon Caddo Venture is financed exclusively through equity contributions from its principal Qatari shareholders, with no reliance on bank loans, debt instruments, or credit facilities.
This self-funded model underscores the Company's commitment to financial independence, transparency, and direct shareholder value creation.
"Falcon Caddo marks the realization of Ameerex's strategic entry into oil and gas - an investment model built on strong partnerships and zero debt," said H.E. Sheikh Khalid Nasser Al-Thani, Chairman and Chief Executive Officer of Ameerex Corporation.
"Backed by our principal Qatari shareholders, this venture demonstrates Ameerex's capacity to execute high-yield projects with discipline, sustainability, and long-term value for our investors."
Next Phase: Canadian Expansion with a Major Middle Eastern Energy Group
Ameerex also confirmed it is in advanced negotiations with a major oil and gas company from the Middle East regarding producing assets in Canada that are already delivering over 5,000 barrels per day.
This initiative will represent the second phase of Ameerex's North American expansion, combining Gulf capital and expertise with established North American production infrastructure.
A dedicated announcement will follow once the structure of this partnership is finalized.
About Ameerex Corporation
Ameerex Corporation is a Qatar-based diversified holding company investing in energy, mining, and industrial sectors.
Through its upstream division, Ameerex acquires and develops producing and near-producing oilfields across North America, emphasizing operational efficiency, debt-free expansion, and long-term shareholder value creation.
This press release contains forward-looking statements, including statements regarding legal strategy and anticipated outcomes. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ materially. AMEEREX undertakes no obligation to update forward-looking statements except as required by law.
Ameerex Corporation - Doha, Qatar
3379 Peachtree Road NE, Suite 700
Atlanta, GA 30326
Email: info@ameerex.com
Phone: +1 775-312-2773
SOURCE: Hiru Corp.
View the original press release on ACCESS Newswire
FAQ
What stake did Ameerex (OTC:HIRU) acquire in Falcon Caddo Venture on November 11, 2025?
How much oil production does Ameerex expect from the Rasberry Unit by mid-2026?
What are the key redevelopment actions planned for the Rasberry Unit (HIRU)?
Is the Falcon Caddo Venture debt-financed or equity-financed for HIRU investors?
How large is the Rasberry Unit field Ameerex is developing (OTC:HIRU)?
What is Ameerex's next North American expansion step mentioned on November 11, 2025?
