Asian Energy Services Ltd receives award of 2D seismic data acquisition in NC Hills

Asian Energy Services Limited (formerly Asian Oilfield Services Limited) ("Asian Energy/the Company") has received a Letter of Award (LOA) from Oil India Limited (OIL) for 2D Seismic Data Acquisition of 570 LKM covering parts of North Cachar Hills (NC Hills) under the National Seismic Program (NSP) valued at approx. Rs. 40.40 crores (inclusive of GST). The Company has acknowledged the receipt of this LOA and has confirmed acceptance of the same.

Commenting on the same, Mr. Ashutosh Kumar, Whole-time Director & CEO said, "This is the fifth LOA during the last two months, which further gives impetus to our seismic order book. We are confident of our performance and would continue to build the trust reposed by our esteemed clients like OIL.

Shares of Asian Energy Services Limited (formerly Asian Oilfield Services Limited) was last trading in BSE at Rs.97.8 as compared to the previous close of Rs. 97.95. The total number of shares traded during the day was 6545 in over 55 trades.

The stock hit an intraday high of Rs. 98.5 and intraday low of 96. The net turnover during the day was Rs. 639168.

Source : Equity Bulls

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