International Frontier Resources Corporation


Show printable version of 'Exclusive License Acquired for Sidox in Canada' in a New Window

News Releases

Jun 16, 2005

Exclusive License Acquired for Sidox in Canada

International Frontier Resources Corporation ("the Company - IFR" TSX-V) reported today that the Company's wholly owned subsidiary, Sidox Chemicals Canada Ltd.("SCC") has acquired an Exclusive Canadian License for the chemical compound Sidox. Sidox is a patented oil production enhancement technology that SCC is working on for commercial use in Canada. Concurrent with acquiring the License, Enhanced Recovery System Ltd., the owners of an international patent for the Sidox technology, elected to acquire a 50% shareholding SCC. The Company (100%) is currently conducting phase two of a pilot project on the Alderson Lower Manville M2M pool located in the Brooks area of southern Alberta.

The Company also reported today it has elected to participate in a 2D seismic program covering up to 250 kilometers located on EL-397 in the Central Mackenzie Valley, NWT. The seismic survey has been designed to identify additional drilling locations on the south half of EL-397 immediately south of the Summit Creek B-44 discovery well that was production tested at rates of approximately 10,000 barrels of oil equivalent per day in Q-1, 2005. The seismic program is scheduled to commence in July and be completed in September 2005.

For additional information on the Company visit www.internationalfrontier.com or contact;

Pat Boswell


Mark Powell

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release. This news release is not intended for distribution to US news wire services or for dissemination in the United States and does not constitute an offer of the securities described herein. The Company seeks safe harbor.

You can return to the main News Releases page, or press the Back button on your browser.