Tillegrah Stock

Equities

TIH

AU0000038309

Oil Related Services and Equipment

Market Closed - Australian S.E. 21:29:28 2017-08-08 EDT 5-day change 1st Jan Change
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4.90
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4.90
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5 years
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Tillegrah Ltd, formerly LWP Technologies Limited, is an Australia-based energy technology company. The Company has over two energy related technologies. The Company is an oil and gas technology company focused on developing and commercializing a fly-ash-based, proppant for use in hydraulic fracturing (fracking) of oil and gas wells globally. The Company's ceramic proppants are manufactured primarily from fly-ash, which is a by-product of coal fired power stations. The proppants are input and cost items in the hydraulic fracturing process. The proppants are a sand-like commodity. The proppants are pumped into an oil and gas well under pressure to prop open the tiny fractures created in hydrocarbon-bearing shale and conventional rocks during hydraulic fracturing, to allow oil and gas to flow from the fractures. The Company's pilot plant is located in Brisbane, Eastern Australia. It has a production capacity of 3,000 tons/year.
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