TOPEKA, Kan., Dec. 6, 2011 /PRNewswire/ -- The management
of Nikron Technologies, Inc. (OTC Pink: NKRN) 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.
ABOUT NIKRON TECHNOLOGIES:
Nikron Technologies, Inc. (OTC Pink: NKRN) is a natural resource
company with the specific purpose of conducting enhanced oil
recovery operations. The Company has developed breakthrough
proprietary enhanced oil recovery technology and has an aggressive
development vision focused on utilization of this scientific
machinery (vehicle) to extract additional oil from proven, mature
oil fields, thus negating the high and risky costs associated with
drilling and exploration. The innovative Nikron technology offers a
different and exciting approach to oil development which has the
potential to be "game changing" and propel the Company to the
forefront of the industry. For more information please visit
Nikron's website at www.nikrontech.com.
FORWARD-LOOKING DISCLAIMER
This summary contains forward-looking statements within the
meaning of the "safe harbor" provision of the Private Securities
Litigation Reform Act of 1995. These statements address future
events and conditions concerning the Company's business plans. Such
statements are based on management's current expectation and are
subject to a number of factors and uncertainties, such as future
economic conditions and changes in anticipated revenues and costs,
which may cause actual results to differ materially. The Company
expressively disclaims any future obligation or undertaking to
update or revise any forward-looking statements contained herein.
Investors and potential investors should independently investigate
and fully understand all risks before making investment
decisions.
For more information contact us at:
Nikron Technologies, Inc.
3101 Southwest Shadow Lane
Topeka, KS 66604
Phone (785) 357-1055
Fax (785) 357-1105
info@nikrontech.com
SOURCE Nikron Technologies, Inc.