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Asian Oilfield zooms on arm bagging $20 million contract from Stratum Energy

07 Aug 2017 Evaluate

Asian Oilfield Services is currently trading at Rs. 185.00, up by 13.30 points or 7.75% from its previous closing of Rs. 171.70 on the BSE.

The scrip opened at Rs. 170.00 and has touched a high and low of Rs. 193.80 and Rs. 170.00 respectively. So far 103666 shares were traded on the counter.

The BSE group 'XC' stock of face value Rs. 10 has touched a 52 week high of Rs. 249.60 on 27-Mar-2017 and a 52 week low of Rs. 53.00 on 29-Sep-2016.

Last one week high and low of the scrip stood at Rs. 193.80 and Rs. 171.00 respectively. The current market cap of the company is Rs. 488.77 crore.

The promoters holding in the company stood at 57.81%, while institutions and non-institutions held 0.19% and 42.00% respectively.

Asian Oilfield Services’ wholly owned subsidiary Asian Oilfield & Energy Services DMCC, Dubai has received a Letter of Intent (LOI) for a contract of $20 million from Stratum Energy Romania, LLC for acquisition of 730 sq km of 3D Seismic Data in EV-1 Moinesti Block in onshore Romania. This LOI is subject to the parties concluding a contract with mutually acceptable terms.

Asian Oilfield Services provides range of services to reputed national and multinational companies. The company banks on the rich experience of well qualified professionals for providing seismic data acquisition, processing and Interpretation services.

Asian Energy Service Share Price

309.85 -2.90 (-0.93%)
22-Apr-2026 10:29 View Price Chart
Peers
Company Name CMP
ONGC 284.40
Oil India 466.10
Jindal Drilling&Inds 542.45
Deep Industries 483.75
Asian Energy Service 309.85
View more..

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