Commercial Deployment in Myanmar

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

Commercial Deployment in Myanmar

Graphene NanoChem (AIM:GRPH), the international provider of nanotechnology performance enhancing solutions for global industries, is pleased to announce that, following a successful series of field trials, the Group has received a firm commitment for the deployment of PlatSurF, its oilfield recovery additive, in a 2 year 16 - 18 wells drilling programme in Myanmar for a leading oil and gas company ("Myanmar Drilling Programme").

Highlights:

· New commercial territory entered in burgeoning Myanmar

· Latest PlatSurF win is testament to the quality of product range

· First purchase order valued at US$198, 864 - deployed for use in 4 wells

PlatSurF, a nano-emulsion fluid, is used to remove residues, remediate oil blockages and improve hydrocarbon flow passages in open-hole or cased-hole drilling, in order to improve production rates in previously damaged wells by reducing wastes and residues generation.

The first commercial order received for the Myanmar Drilling Programme, valued at US$198, 864, will be deployed for use in 4 wells in Q2 and Q3 2016. The Group shall receive the remaining purchase orders for the balance wells over the next 12 - 18 months. 

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "Our latest commercial win is a further testament to the quality of our products range and this marks another significant milestone for the Group as we continue to gain market validation and traction for our products despite the slowdown in the industry."

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About Graphene NanoChem

Graphene Nanochem plc (AIM: GRPH), is an international provider of nanotechnology performance enhancing solutions for global industries. The Group employs nanoprocesses and nanomaterials to design, engineer and enhance the performance of mainstream products for a wide range of industrial applications. It has established two major functional platforms in the energy and water sectors, and the Group, through partnerships with established industry players, is focused on building market opportunities in both sectors whilst continuing its developmental work in other strategic application areas of nanotechnology.

Headquartered in Malaysia, Graphene Nanochem was admitted to the AIM of the London Stock Exchange on 26 March 2013, following the reverse acquisition of Biofutures International plc, and trades under the symbol GRPH.L. To find out more, please visit www.graphenenanochem.com