Qatari-Owned Ameerex Corporation (OTC: HIRU) - First OTC-Listed U.S. Company Owned and Directly Managed by Qatari Investors Expanding Into Oil, Gas and Mineral Resources
Ameerex Corporation (OTC: HIRU) announced a strategic expansion into oil, gas and mineral resources via a joint venture and targeted investments.
The company acquired 40% equity in Falcon Caddo Venture LLC covering 4,435 acres in Foard County, Texas, with an estimated 24 million BOE in place. Current production is ~800 barrels per day, projected to reach ~5,000 bpd by mid-2026. The redevelopment includes 18 wells and water-injection capacity expanded to 15,000 barrels per day. Funding is exclusively by Ameerex's Qatari shareholders (debt-free). Ameerex is also negotiating a Canadian producing-asset acquisition (>5,000 bpd) and a targeted lithium investment in Texas.
Ameerex Corporation (OTC: HIRU) ha annunciato una espansione strategica nelle risorse petrolifere, gas e minerali tramite una joint venture e investimenti mirati.
La società ha acquisito 40% di capitale in Falcon Caddo Venture LLC che copre 4.435 acri in Foard County, Texas, con una stima di 24 milioni di BOE in loco. L'attuale produzione è di ~800 barili al giorno, prevista per raggiungere ~5.000 bpd entro la metà del 2026. Il riassetto include 18 pozzi e la capacità di reiniezione dell'acqua ampliata a 15.000 barili al giorno. Il finanziamento è esclusivamente dai soci qatarioti di Ameerex (senza debiti). Ameerex sta anche negoziando un'acquisizione di asset produttivi in Canada (>5.000 bpd) e un investimento mirato in litio in Texas.
Ameerex Corporation (OTC: HIRU) anunció una expansión estratégica hacia los recursos de petróleo, gas y minerales mediante una empresa conjunta y inversiones focalizadas.
La empresa adquirió 40% de capital en Falcon Caddo Venture LLC que abarca 4.435 acres en Foard County, Texas, con un estimado de 24 millones de BOE en el lugar. La producción actual es de ~800 barriles por día, con proyección de alcanzar ~5.000 bpd para mediados de 2026. La redeployación incluye 18 pozos y la capacidad de inyección de agua ampliada a 15.000 barriles por día. La financiación es exclusivamente por los accionistas qataríes de Ameerex (sin deuda). Ameerex también está negociando una adquisición de un activo productivo canadiense (>5.000 bpd) y una inversión específica en litio en Texas.
Ameerex Corporation (OTC: HIRU) 은 공동 투자 및 목표 투자를 통해 석유, 가스 및 광물 자원으로의 전략적 확장을 발표했습니다.
회사는 Falcon Caddo Venture LLC의 40% 지분을 취득했으며, 이는 4,435에이커의 포드 카운티, 텍사스에 걸쳐 있으며 추정 2,400만 BOE 현장이 있습니다. 현재 생산은 약 일일 800배럴이며 2026년 중반까지 약 일일 5,000배럴에 이를 것으로 예상됩니다. 재개발은 18개의 시추공과 물 주입 용량을 일일 15,000배럴으로 확장합니다. 자금 조달은 전적으로 Ameerex의 카타르 주주들(무부채)에 의해 이루어집니다. Ameerex는 또한 캐나다의 생산 자산 인수(일일 >5,000 bpd) 및 텍사스의 리튬 투자도 협상 중입니다.
Ameerex Corporation (OTC: HIRU) a annoncé une expansion stratégique dans les ressources pétrolières, gazières et minérales via une coentreprise et des investissements ciblés.
La société a acquis 40% du capital dans Falcon Caddo Venture LLC couvrant 4 435 acres dans le comté de Foard, Texas, avec une estimation de 24 millions de BOE en place. La production actuelle est d’environ ~800 barils par jour, prévoyant d’atteindre ~5 000 b/j d’ici la mi-2026. Le redéveloppement comprend 18 puits et la capacité d’injection d’eau étendue à 15 000 barils par jour. Le financement est exclusivement assuré par les actionnaires qatariens d’Ameerex (sans dette). Ameerex négocie également une acquisition d’actifs produits canadiens (>5 000 b/j) et un investissement ciblé dans le lithium au Texas.
Ameerex Corporation (OTC: HIRU) kündigte eine strategische Expansion in Öl-, Gas- und Mineralressourcen durch ein Joint Venture und gezielte Investitionen an.
Das Unternehmen erwarb 40% Eigenkapital an Falcon Caddo Venture LLC, die 4.435 Acres in Foard County, Texas abdecken, mit geschätzten 24 Millionen BOE vor Ort. Die aktuelle Produktion beträgt ca. 800 Barrel pro Tag, mit der Erwartung, bis Mitte 2026 etwa 5.000 bpd zu erreichen. Die Umgestaltung umfasst 18 Bohrlöcher und eine auf 15.000 Barrel pro Tag erweiterten Wasserinjektionskapazität. Die Finanzierung erfolgt ausschließlich durch die qatariischen Aktionäre von Ameerex (schuldenfrei). Ameerex verhandelt außerdem über den Erwerb eines kanadischen Produktionsvermögens (>5.000 bpd) sowie eine gezielte Lithium-Investition in Texas.
Ameerex Corporation (OTC: HIRU) أعلنت عن توسيع استراتيجي في الموارد النفطية والغازية والمعادن من خلال مشروع مشترك واستثمارات مستهدفة.
استحوذت الشركة على 40% من الأسهم في Falcon Caddo Venture LLC تغطي 4,435 فدان في مقاطعة فورد، تكساس، مع تقدير 24 مليون برميل مكافئ نفطي (BOE) في الحقل. الإنتاج الحالي نحو ~800 برميل يوميًا، من المتوقع أن يصل إلى ~5,000 ب/د بحلول منتصف 2026. إعادة التطوير تشمل 18 بئراً وسعة حقن الماء الموسعة إلى 15,000 برميل يومياً. التمويل موجّه حصرياً من مساهمي Ameerex القطريين (خالٍ من الدين). كما أن Ameerex تجري مفاوضات لشراء أصول منتجة كندية (>5,000 ب/د) واستثمار ليثي مستهدف في تكساس.
- 40% equity stake in Falcon Caddo Venture LLC
- Falcon Caddo spans 4,435 acres in Caddo Limestone Reef
- Estimate of 24 million BOE in place
- Production projected from ~800 to ~5,000 bpd by mid-2026
- Redevelopment includes 18 wells and 15,000 bpd water-injection capacity
- All venture financing provided via direct equity (debt-free model)
- Current production is only ~800 bpd
- Canadian producing-asset acquisition is not finalized
- Lithium investment remains in negotiation, not committed
Confirms Falcon Caddo Project in Texas Targeting 5,000 Barrels per Day
ATLANTA, GA AND DOHA, QATAR / ACCESS Newswire / November 24, 2025 / Ameerex Corporation (OTC:HIRU), the first OTC-listed U.S. company owned and directly managed by Qatari investors, today announced its strategic expansion into the oil, gas and mineral resources sectors through a joint venture with a British energy partner.
The Company, led by H.E. Sheikh Khalid Nasser Al-Thani - a member of the Qatari Royal Family, continues to strengthen its position as a bridge between Gulf capital and North-American energy development.
Ameerex has acquired a 40 percent equity participation in Falcon Caddo Venture LLC, operator of the Rasberry Unit Field Project in Texas. The field, located in Foard County, spans 4,435 acres within the prolific Caddo Limestone Reef formation, originally discovered by Exxon in 1955 and estimated to contain approximately 24 million barrels of oil equivalent (BOE) in place.
The redevelopment program includes 18 wells, expansion of water-injection capacity to 15,000 barrels per day, and upgraded Sunoco-supported infrastructure. Current production averages about 800 barrels per day, projected to reach around 5,000 barrels per day by mid-2026.
The entire venture is financed exclusively through equity contributions from Ameerex's principal Qatari shareholders, with no bank loans or credit facilities, underscoring the Company's commitment to disciplined, debt-free expansion and transparent shareholder alignment.
All Ameerex investments follow this debt-free model, funded solely through direct equity from its Qatari shareholders. The Company aims to generate recurring daily cash flow from producing assets and to allocate returns toward systematic share repurchases, thereby reducing market float and, over time, implementing a progressive dividend policy subject to Board approval and market conditions.
"Falcon Caddo marks a defining step for Ameerex as the first U.S.-listed, Qatari-owned company focused on oil, gas and mineral resources," said H.E. Sheikh Khalid Nasser Al-Thani, Chairman and Chief Executive Officer. "Our strategy is cash-driven, debt-free and anchored in technically proven projects capable of delivering consistent returns for our shareholders."
Ameerex also confirmed it is in advanced negotiations with a major oil and gas company from the Middle East regarding producing oilfield assets in Canada already delivering more than 5,000 barrels per day. This initiative represents the second phase of Ameerex's North-American expansion, combining Gulf capital and expertise with established Canadian production infrastructure. A dedicated announcement will follow once the structure of this Acquisition is finalized.
In parallel, Ameerex is negotiating a targeted investment in lithium extraction and refinery operations in Texas, expanding its strategy into the clean-energy and critical-minerals sector to complement its oil and gas portfolio and strengthen long-term resource diversification.
About Ameerex Corporation
Ameerex Corporation (OTC:HIRU) is a Qatar-owned, U.S.-listed 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 growth and long-term shareholder 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
SOURCE: Hiru Corp.
View the original press release on ACCESS Newswire
FAQ
What did Ameerex (OTC: HIRU) announce on November 24, 2025 about Falcon Caddo?
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What redevelopment work is planned at Falcon Caddo under Ameerex (OTC: HIRU)?
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Will Ameerex (OTC: HIRU) invest in minerals or clean energy?
