Commercial Deployment in Turkmenistan

Graphene NanoChem PLC

("Graphene NanoChem" or the "Group")

Commercial Deployment in Turkmenistan

Graphene NanoChem (AIM:GRPH) is pleased to announce that following a successful paid well trial by a leading Middle Eastern oil company (the "End Customer") in July this year, the Group has received a commercial order for its Water-based Drilling Additive, PlatQuartZ, for deployment in Turkmenistan.

The superior performance of the Water-based Drilling Additive in enhancing rate of penetration in drilling and oil recovery process for difficult wells formation was demonstrated through increased efficiency in the process during the well trial programme with the HyperDrill System, Scomi Oiltools' water-based mud technology formulated using PlatQuartZ.

The commercial order for PlatQuartZ, valued at US$384,000, will be deployed under Scomi Oiltools' existing 3-year onshore drilling contract in Turkmenistan with the End Customer for between 8 - 10 wells, expected to be completed by end of this year. This forms part of the commercial rollout strategy in building a track record for the Group's products in the field via change order process through the substitution of products under Scomi Oiltools' existing oilfield service projects and contracts.

The successful field deployment of PlatQuartZ in the well trial has also secured the automatic qualification of this product for submission into a new 3-year tender in Turkmenistan to be issued by the End Customer in Q4 2015.

Jespal Deol, Chief Executive Officer of Graphene NanoChem, commented: "We are excited with this development. The proven field performance of our product in helping the industry to reduce drilling cost is creating good track and positive momentum that allows us to continue increasing sales and expanding our geographical footprint in higher margin opportunities."

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About Graphene NanoChem

Graphene Nanochem plc is a technology commercialisation company that operates two commercial platforms, the Advanced Chemicals platform that manufactures renewable chemical products for high growth sectors and the Advanced Materials platform that focuses on graphene nanomaterials applications for selected industries targeting high performance use.

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.