The relevance to the global shale oil/gas industry of the application of nanotechnology in drilling in areas specifically, hydraulic fracturing fluids, oilwell cementing, water purification and enhanced oil recovery is such to offer nanoproducers the opportunity to deliver to the oil/gas industry a volume option, a research circular issued by INSCX has suggested. In the coming months, with particular emphasis on the emerging shale industry in Europe, the Exchange intends to reach out to a number of its members to discuss existing industry interest.