ASX ANNOUNCEMENT – UPDATE ON US PATENT FOR LIGHTWEIGHT PROPPANT
Energy technology company, LWP Technologies Limited (ASX: LWP) (“LWP” “the Company”), is pleased to report that the United States Patent and Trademark Office (USPTO) will issue U.S. Patent No. 9,587,170 on 7 March 2017 to Epropp LLC, a wholly owned subsidiary of LWP Technologies Limited, for the Company’s lightweight, fly-ash based proppants that the Company is developing for use in hydraulic fracturing of unconventional oil & gas wells.... Read More >
LWP BLOG – Could the Gladstone gas guzzle galvanise Australian gas exploration?
Australia’s gas market could fairly be said to be heading for a crisis as the big three LNG export plants in Gladstone guzzle gas supplies, big onshore gas resources in Queensland and New South Wales remain undeveloped, and concerns grow about domestic supplies. ... Read More >
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 >