Rheochem is an oil and gas business admitted to trading on AIM and ASX that specialises in the provision of drilling fluids and engineering services to the oil and gas exploration industry with operations in Australia, New Zealand and India.  Rheochem owns and operates one of four purpose built mud blending facilities on the North-West Shelf of Western Australia.

The Company's objective is to establish itself in the global drilling fluids market and cement Rheochem as a brand name by continuing growth in existing regions and expansion into new markets. Rheochem also holds investments in near term potential development oil and gas assets located in the North Sea, UK. The Company seeks to enhance the value of its oil and gas assets by further evaluation and appraisal.