Graphene NanoChem plc announced its product rollout plan with the award of a trial well by a Middle Eastern oil company as part of the phase 1 deployment of its Water-based Drilling Additive in Turkmenistan under Scomi Oiltools current 3 year onshore drilling contract. The Water-based Drilling Additive, which provides superior performance in reducing torque and drag and enhances rate of penetration in drilling will be used by Scomi Oiltools as part of the key formulation of their new High Performance Water-based Mud technology, HyperDrill System. The Water-based Drilling Additive, specifically formulated for a deviated horizontal well drilling, is seen as the ideal solution to overcome the challenging conditions of the deviated wells developed by Scomi Oiltools under the said contract.

This trial well phase will form part of the drilling programme for a targeted deployment into an additional 8 - 10 wells in phase 2 before the end of 2015.