November was certainly good for the oil and gas industry and, by extension, for us. Two big events in November gave a big boost to sentiment around the industry. The first was the come-from-behind victory by Republican candidate Donald Trump in the US presidential election. Without being political about the outcome, Trump took to the election plans to make the United States energy independent by freeing up the shale gas sector, among other things.
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Although we’ve been focusing lately on preparing our joint venture fly ash proppants plant in Pune, India, to move to 24/7 production, we haven’t been idle in our obvious main target – the North American market.... Read More >
Yahoo 7 – LWP set to break open US frac sand market after independent report
ASX-listed LWP Technologies look set to break into their US target market after an independent expert produced a glowing report on the company’s breakthrough “proppants” that are used for fracking oil and gas wells.... Read More >
LWP BLOG – Pune visit vindicates proppant joint venture faith
Sometimes you have to see something for yourself to get a true appreciation of what’s really going on.
That’s why our company leaders have been in India visiting the Pune proppant plant where our joint venture with Hallmark Minerals is upgrading the plant to a 24/7 operation that will use our technology to make proppants from fly ash.... Read More >
LWP BLOG – Improving oil and gas mood is great news for our Pune plant
One of the main reasons why we decided to accelerate the upgrade of our joint venture fly ash proppant plant in Pune, India, to move to 24/7 production – rather than wait until we had secured buyers for the production – was the renewed optimism around the oil and gas sector.... Read More >
Proactive Investor – LWP Technologies remains well funded, updates on management
LWP Technologies Ltd (ASX:LWP) remains well-funded with $3.7 million in cash and cash equivalents, and is focussed on the progressing the company's joint venture operations in Pune, India.... Read More >