LOA for 2D seismic & exploration in Puta-Parogia Block, Hasdo-Arand Coal field

Asian Energy Services Limited (formerly Asian Oilfield Services Limited) ("Asian Energy / the Company") in consortium with Mining Associates Private Limited had bid for a tender for 20 Seismic Survey along with Exploration in Puta-Parogia Block, Hasdo-Arand Coal field of BiaspurSarguja District in State of Chhattisgarh of Central Mine Planning & Design Institute Limited (CMPDI) of RS.21.7S crores (inclusive of GST) . The Consortium has received the Letter of Acceptance from CMPDI and confirmed acceptance of the same.

Commenting on the same, Mr. Ashutosh Kumar, Whole-time Director & CEO said, IIWe contin ue our stride towards growth and expansion of our services in other energy sectors outside the oil & gas sector. We are co nfident of gaining new heights with a strong order book.

Shares of ASIAN OILFIELD SERVICES LTD. was last trading in BSE at Rs.100.95 as compared to the previous close of Rs. 102.45. The total number of shares traded during the day was 8916 in over 111 trades.

The stock hit an intraday high of Rs. 102.9 and intraday low of 100.5. The net turnover during the day was Rs. 902202.

Source : Equity Bulls

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