LWP Technologies Ltd

Developing innovative Australian technology for the Global Oil & Gas industry. LWP is developing a fly-ash based ceramic proppant for use in hydraulic fracturing (fracking) of unconventional oil & gas wells. Proppants are a major cost component in the fracking process and represent a multi-billion dollar annual global market.

LWP’s unique proppant has the potential to lead the industry due to:

  • ultra-light weight 40% lighter than bauxite ceramic proppants currently used in fracking operations;
  • high strength ability to withstand the high pressures and temperature of deep wells,
  • Low manufacturing costs;
  • Abundant availability of fly-ash proximal to oil and gas shale resources.

www.lwptech.com
(AIM: AGL)