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Deep Industries’ subsidiary receives 3 blocks under NELP IX

27 Mar 2012 Evaluate

Deep Industries’ subsidiary - Deep Energy, LLC and Deep Natural Resources, have been awarded 3 blocks under New Exploration Licensing Policy (NELP IX) of Government of India. The first block VN-ONN-2010/1 covering 3,776 square kilometer is located at Vindhyan Basin in Madhya Pradesh and the block is awarded in consortium to Deep Energy and KGN Industries.

The second block VN-ONN-2010/2 covering 4,909 square kilometer is located at Vindhyan Basin in Madhya Pradesh and the block is awarded in consortium to Deep Energy, Deep Natural Resources and Safal WSB Energy.

Further, the third block CB-ONN-2010/3 covering 782 square kilometer is located at Cambay Basin in Gujarat and the block is awarded in consortium to Deep Energy and KGN Oil & Gas.

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.

Deep ene (Amalgamat) Share Price

310.05 0.00 (0.00%)
24-Sep-2024 16:01 View Price Chart
Peers
Company Name CMP
ONGC 283.80
Oil India 473.10
Jindal Drilling&Inds 547.80
Deep Industries 478.00
Asian Energy Service 315.60
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