| NEWS |
 |
| |
|
 |
May 2011 -
Appointment of Stuart Girling as Advisor to the
Board.
|
|
 |
|
|
| |
|
|
|
April 2011 -
Successful Interim Fundraising from Existing
Shareholders to support the strategy of developing
Sidox sales in the USA and European Markets.
April 2011-
Board reorganisation – departure of David Grassick
and appointment of Robert Osborne as Chair. |
|
|
|
|
|
| |
| ERS Timeline |
|
|
| • |
Development of SIDOX Technology by Professor A. Demakhin |
|
 |
|
|
| • |
Formation of ERS Acquisition of commercial rights to SIDOX Technology by ERS |
|
| • |
Tests on 21 Russian wells indicating up to 123% increase in yield |
|
|
|
|
| • |
Paper presented at Royal Society of Chemistry Symposium on 'Chemistry in the Oil Industry' outlining the use of SIDOX Technology |
|
|
|
|
| • |
Pilot testing of Alderson Wells in Alberta, Canada |
|
|
|
|
| • |
ERS enters into a JV with International Frontier Resources Corporation (IFRC) forming SIDOX Chemicals Canada Limited (SCC) to exploit SIDOX Technology in Canada |
|
|
|
|
| • |
Canadian patent granted covering SIDOX Technology |
|
|
|
|
| • |
Completion of Canadian Alderson field testing of further wells |
|
|
|
|
| • |
US patent application granted. Successful testing performed on 2 onshore UK wells. Completion of independent report by Corex on the behavior of SIDOX treatments |
|
|
|
|
| • |
Independent report on results from treatment of Canadian wells showing long term oil gains and reduced well declines. New treatments planned for UK and Canadian wells. |
|
|
|
