The management of Nikron Technologies, Inc. continues to pursue its goal of becoming part of the solution to the ever increasing demand for energy, focusing on the demand requirements of the United States first and then expanding to other countries around the globe.

In the United States, both citizens and leaders, including the President, recognize that our nation must become more dependent on domestic oil production, and less on foreign oil. One strategy that is growing in prominence and application with respect to petroleum is Enhanced Oil Recovery (EOR). EOR refers to the recovery of oil that is left behind after primary and secondary recovery methods are either exhausted or no longer economical.

Nikron Technologies has turned its corporate focus for the specific purpose of conducting EOR operations in the oil industry. The world wide potential for this is in the trillions of dollars and Nikron is looking to carve out just a small portion of this potential which in itself will be worth billions and billions of dollars. This will have the effect of creating enormous shareholder value and enterprise value over the short and long term.

The Company is focused on enhanced oil recovery technology to extract additional oil from mature fields, first tackling U.S. fields. The Company employs a unique business model which will exploit a well's proven reservoirs - assets with marginal or no production that still contain significant reserves that can be produced through use of Nikron's enhanced oil recovery technology.

Nikron is building the company on the idea that a multitude of oil fields have already been drilled that still possess vast potential for future extraction.

EOR has the potential to enhance the energy landscape that is an integral part of the foundation of the world's economy and peoples' everyday lives.

"It is a given that a technology which could effectively create EOR production would stand to profit in an unparalleled way. Nikron is at the threshold of just such an opportunity. The advanced methodology employed by Nikron will set the standard in heavy oil recovery. This presents an opportunity which is unique and timely, with unlimited growth possibilities," stated Max Gaither, Secretary of Nikron.

Tags: Inc., Nikron Technologies