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

Core Insights - Ameerex Corporation has officially entered the U.S. energy market through a strategic joint venture with a British energy partner [1] - The company has acquired an initial 40% equity stake in Falcon Caddo Venture LLC, which operates the Rasberry Unit Field Project in Texas [1] - Production is projected to reach approximately 5,000 barrels of oil per day (BOPD) by mid-2026 [1] Company Developments - Ameerex Corporation, formerly known as HIRU Corporation, is expanding its operations in the energy sector [1] - The joint venture is structured to allow for increased equity participation during subsequent development phases [1] Industry Impact - The partnership with Falcon Caddo Venture LLC signifies Ameerex's commitment to the U.S. energy market [1] - The anticipated production increase aligns with broader trends in energy production and investment in the sector [1]