Sequoia Interests Responds to Raymond James' 'Energy Stat of the Week' Report Regarding Canadian Oil Sands

Sequoia Interests Responds to Raymond James' 'Energy Stat of the
Week' Report Regarding Canadian Oil Sands 


HOUSTON, Sept. 17  /PRNewswire-FirstCall/ -- Sequoia Interests Corporation
(Pink Sheets: SQNC), developer of a proprietary enhanced oil recovery chemical
formulation, announced today that in response to Raymond James' energy report
published this week, the Company's promising chemical formulation,
DiamondFlo(TM), has shown in early test results to cost-effectively assist in
the recovery of hydrocarbons from the once-thought unrecoverable yet massive
resource base of "oil sands" in Western Canada.

Raymond James said, "We emphasize that while there are opportunities for
several OPEC countries (such as Saudi, Iraq and Libya) to increase production
from current reserves over the longer-term, this will require significant
investment, time, and improvement in their political climates.  Until then, as
the market attempts to meet rising global demand, all energy and energy service
firms should benefit from the wealth shift into the energy sector. Longer-term,
we believe that coal, alternative energy, liquefied natural gas (LNG) and the
massive resource base and growth potential of Western Canada's oil sands will
represent highly attractive investments."

About Sequoia Interests Corporation

Sequoia Interests Corporation is a developer and marketer of proprietary,
cost-effective, biodegradable chemicals for the multi-billion dollar oil & gas
industry.  The Company's cornerstone formulation, DiamondFlo(TM), has the
unique ability of making oil flow by displacing oil adhered to a solid.
DiamondFlo(TM) is currently undergoing final characterization analysis at the
University of Houston's Chemistry Department and testing for additional
applications at two internationally recognized petroleum industry research
facilities.  DiamondFlo(TM)'s primary target market is the enhanced oil
recovery sector, both secondary and tertiary, and remediation of oil and gas
toxins including heavy metals.  The Company is committed to the development of
a series of qualified chemical product applications for which a significant
market is understood to exist, providing both the underlying science of the
application through a credible research arm and the production volumes
necessary to establish a lucrative business venture.

What makes the chemical formulation valuable is the potential for new utility
patents tied specifically to applications of the product in the petroleum
industry for oil recovery, both secondary and tertiary, and remediation of oil
and gas toxins including heavy metals.

Company Web Site Address is http://www.sqproducts.com/ /

Forward-looking statements in this release are made pursuant to the "safe
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
uncertainties, including without limitation, continued testing of the Company's
formulations, increased levels of competition for the Company, new products and
technological changes, the Company's dependence on third-party suppliers, and
other risks detailed from time to time in the Company's periodic reports filed
with the Securities and Exchange Commission. 

DATASOURCE: Sequoia Interests Corporation



CONTACT:  I.R. Contact: R. Keith Fetter or Darren Bankston of Piedmont,

[phone], Email:  ; Media Contact: Enrique Salinas

of The Catalyst Group Inc., [phone], Email:  ; or

Company Contact: Sequoia Interests Corporation, Email:  



Web site:  http://www.sqproducts.com/ 

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