Deep Industries inks pact with Indonesian Government

Deep Energy Resources Ltd. - (Amalgamated) | Oil Exploration | Oil & Gas | BSE: 532760 | NSE: DEEPENR

23 Mar 2012 Evaluate

Deep Industries’ consortium - Monnet Ispat & Engery has signed contract with Government of Indonesia awarding Coal Bed Methane (CBM) Blocks at Indonesia for exploration of gas for the period of 30 years. The working area that has been allotted to the company is Melak Mendung III Block of the East Kalimanthan Basin, which has a total area of 995.7 square kilometre.

Deep industries is well diversified Oil & Gas Company with business interest in air and gas compression, drilling, work over and oil & gas exploration and production. It is the largest private sector natural gas compression company in India.

Peers

Company Name	CMP
ONGC	237.95
Oil India	479.00
Jindal Drilling&Inds	591.05
Deep Industries	766.55
Asian Energy Service	474.30
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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