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Posted On: 11/11/2025 7:20:00 AM
Post# of 198
$HIRU News - 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
https://www.otcmarkets.com/stock/HIRU/news/Am...?id=499421
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.
https://www.otcmarkets.com/stock/HIRU/news/Am...?id=499421
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.
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