Deep Industries receives Letter of Award worth Rs 47.78 crore

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

15 May 2018 Evaluate

Deep Industries has received Letter of Award of contract from Vedanta for providing workover Rig DR06 for RJ-ON-90/1 block for primary period of 3 years. The total estimated value of the said award is approximately Rs 47.78 crore.

Deep Industries has been serving the industry in various segments with the foremost being providing Air & Natural Gas Compressor Services on chartered hire basis, wherein company commands a healthy market position and is also the first company in India to offer such services.

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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