Ameerex Corporation (OTC: HIRU) Secures Accepted Bid for 2,100 BOE/d Producing Assets in TAQA North Divestment Through Crimson Energy Ltd.
Rhea-AI Summary
Ameerex (OTC: HIRU) announced that its affiliate Crimson Energy Ltd. secured an accepted bid for two packages in the TAQA North 2025 divestment, representing approximately 2,100 BOE/d of producing oil and gas assets. The packages are described as low-decline, multi-zone, and immediately cash-flowing.
The transaction is advancing toward final approval by TAQA headquarters in Abu Dhabi. Ameerex says the deal is expected to be fully self-funded by its Qatari majority shareholders with no new share issuance and no dilution to existing shareholders; definitive agreements are pending.
Positive
- 2,100 BOE/d of immediate producing volume
- Immediate cash flow from low-decline producing assets
- No dilution — transaction expected fully self-funded by majority shareholders
Negative
- Final approval pending from TAQA headquarters, creating execution uncertainty
- Definitive agreements not yet executed, transaction completion date unspecified
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, GA AND DOHA, QATAR / ACCESS Newswire / March 26, 2026 / Ameerex Corporation (OTC:HIRU) ("Ameerex" or the "Company" announces that, through its Canadian affiliate Crimson Energy Ltd., the Company has secured an accepted bid on 2 packages of the TAQA North 2025 Divestment Offering, representing approximately 2,100 BOE/d of production.
This milestone confirms Ameerex's advancement from bidder to selected counterparty on producing asset packages, positioning the Company within the final stages of the transaction process, pending approval from TAQA headquarters in Abu Dhabi.
The acquired packages form part of a broader producing portfolio characterized by low-decline production, multi-zone potential, and immediate cash-flow generation.
Transaction Highlights:
Bid accepted on 2 packages
~2,100 BOE/d combined production
Immediate cash-flowing producing assets
Final approval pending TAQA headquarters (Abu Dhabi).
Strategic Positioning
This transaction represents a direct entry into North American production, accelerating Ameerex's transition toward a cash-flow-generating energy platform.
The Company expects the transaction to be fully self-funded by its Qatari majority shareholders, with no issuance of new shares and no dilution to existing shareholders.
Next Steps
The process now advances toward final approval and execution of definitive agreements. Ameerex will provide further updates as the transaction progresses.
AMEEREX Corporation is a U.S.-based strategic investment and resource development company with a diversified portfolio spanning critical minerals, precious metals, and energy assets.
Under the leadership of CEO and Chairman Khalid Nasser A.S. Al-Thani, who brings significant international finance and investment expertise, the company is positioned to identify and capitalize on diverse market opportunities in the Mining and Energy sectors. HIRU's strategy leverages its strong Qatari connections and global network to pursue value-creating investments and strategic partnerships.
About AMEEREX Corporation
Ameerex Corporation (OTC:HIRU) is a diversified natural-resources company operating across North America and Australia. The Company focuses on producing oil and gas assets, precious metals, and critical base-metal projects. Ameerex applies a disciplined acquisition strategy centered on clean title, immediate production, and long-term value creation.
Investor Relations
Ameerex Corporation - Doha, Qatar
3379 Peachtree Road NE, Suite 700
Atlanta, GA 30326
Email: info@ameerex.com
Phone: +1 775-312-2773
Corporate Communications
https://x.com/thehirucorp
OTC Markets
https://www.otcmarkets.com/stock/HIRU
SOURCE: Hiru Corp.
View the original press release on ACCESS Newswire