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Premium Greenlip abalone produced on OGA reefs in Flinders Bay.

World's First Commercial Abalone Ranching Business

  (AUSTRALIA, 5/8/2017)

Ocean Grown Abalone (OGA) is an aquaculture company that started with an idea to grow Greenlip abalone where wild abalone abounds.

The participants have been researching, developing and inventing abalone ranching technology for close on 20 years. The OGA idea is now the world’s first commercial abalone ranching business in the pristine waters of FlindersBay, Augusta Western Australia. The business model is underpinned by independently verified commercial research that shows that OGA has a very profitable business plan

Abalone on OGA's ABITATS, nature look after them, clean, green & sustainable.

Ocean Grown Abalone builds its own artificial abalone reefs on its leases in the pristine waters of FlindersBay. OGA purchases juvenile Greenlip Abalone at an average size of 40mm (10grams) from its business partners, 888 Abalone Pty Ltd – a land based abalone hatchery and grow-out facility in Bremer Bay. They are then placed on the artificial abalone reefs OGA has constructed on its leases for further grow-out to an average harvest size of 130mm (350grams). Nature takes care of the rest – nurturing and feeding the abalone until they are ready for harvest. OGA's divers tend the reefs protecting the abalone from predators; monitoring growth and stocking density and; planting new abalone on the reefs each year as mature abalone are harvested. The cycle takes just under 3 years.

OGA farms in the pristine waters of Flinders Bay, Augusta, in Western Australia.
 
Eventually OGA expects to be harvesting around 100 tonnes of this premium product annually from the FlindersBay site. Future sites around Australia have been identified for future expansion of the technology by OGA.

OGA is the world leader in abalone ranching. 

People who know seafood, especially abalone, have developed this business over a number of years to ensure that the technology that has been developed will produce a premium product that is in high demand by a discerning market. This is a very green, sustainable business. The reefs OGA builds provide habitat for not only abalone they place on them but many other fish. A number of other species of fish, which now call its reefs home, include: dhufish, breaksea cod, king George whiting, wrasse, skippy, rankin cod, big eye, wobbygong and rock lobster. This is a testament to the positive environmental impact OGA's abalone reefs provide. OGA is determined to provide an environment that is the equal of the natural Greenlip Abalone habitat that Augusta is famous for, and  they have succeeded.

Eventually OGA expects to be harvesting around 100 tonnes of this premium product annually from the Flinders Bay site. Future sites around Australia have been identified for future expansion of the technology by OGA. 
 
OGA is hoping to replicate the success it has had in FlindersBay, by building an artificial reef near WylieBay in Esperance. For this new venture OGA has teamed up with two wild-caught abalone divers.
 
Brad Adams.

Brad Adams, OGA's CEO,  said they conducted a number of trials in the leased area, and he believes the enterprise could add great benefit to the region's well established wild-caught industry.

The concrete blocks for the reef have already been constructed and OGA is now awaiting to receive its approval for production.

The company also has plans to take its business to the financial market by September for an ASX listing. Adams hopes to raise AUS 10 million to upgrade its processing facility in order to double production.

About Ocean Grown Abalone Pty Ltd

Ocean Grown Abalone is dedicated to commercialising ocean ranching of abalone in Australia.

OGA is the first company in the world to develop commercially viable abalone ranching technology. They have carefully selected the most suitable oceanic locations, implemented superior reef design technology and developed sustainable husbandry techniques. All its cutting edge research has been validated by Marine Biologists at Curtin University.


OGA is the world leader in abalone ranching. They let nature provide for the well-being and growth of its abalone, resulting in a product that is identical to wild-catch product but with the competitive advantages that only aquaculture can provide.

Source: OGA

[email protected]
www.fis.com


Information of the company:
Address: PO Box 231
City: Augusta
State/ZIP: WA (WA 6290)
Country: Australia
Phone: +61 0417 910 023
More about:


Location:



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