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Thomson Financial Business Description:
| The Group's principal activity is to produce and supply ceramic proppant for use in the hydraulic fracturing of natural gas and oil wells. The Group also provides fracture and reservoir diagnostic services, sells fracture simulation software and provides fracture design services to oil and gas companies worldwide. The Group manufactures five distinct ceramic proppants CARBOHSP, CARBOPROP, CARBOLITE, CARBOECONOPROP and CARBOECONOPROP. The Group sells its products and services to operators of oil and gas wells and to oilfield service companies to help increase the production rates and the amount of oil and gas ultimately recoverable from these wells. Its products are marketed worldwide through its sales offices Aberdeen, Scotland, Beijing, China and Moscow, Russia and through commissioned sales agents located in South America, and China. The customers of the Group include BJ Services Company, Halliburton Energy Services Inc and Schlumberger. |
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