you are here:

Deep Energy Resources Ltd.

BSE: 532760 | NSE: DEEPENR |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE677H01012 | SECTOR: Oil Drilling And Exploration

BSE Live

Jun 21, 10:43
43.60 0.35 (0.81%)
Volume
AVERAGE VOLUME
5-Day
23,272
10-Day
38,742
30-Day
27,993
6,137
  • Prev. Close

    43.25

  • Open Price

    45.40

  • Bid Price (Qty.)

    43.60 (109)

  • Offer Price (Qty.)

    43.80 (200)

NSE Live

Jun 21, 10:42
43.65 0.45 (1.04%)
Volume
AVERAGE VOLUME
5-Day
189,181
10-Day
229,152
30-Day
156,205
12,394
  • Prev. Close

    43.20

  • Open Price

    43.35

  • Bid Price (Qty.)

    43.65 (99)

  • Offer Price (Qty.)

    43.75 (255)

Company History - Deep Energy Resources Limited
The Company was incorporated in the year 1991. We provide Air 
 and Gas Compression Services to Oil & Gas Exploration Companies. 
 We currently compete primarily in the market for transportable
 natural 
 gas compression units of upto 2400 HP. We also provide transportation
 
 services for transport of liquid. However, we have gradually moved
 from 
 a liquid transport service provider to compression service providers.
 The 
 current primary activity of our company includes providing
 Compression 
 services to our clients.
 
 HISTORY AND MAJOR EVENTS
 
 The Key events in the business of our company are as follows:
 
 Year    Milestone Achieved
 
 1991   Commenced activities of providing liquid transportation
 services
 1994   Strategic shift from providing Crude Oil/Liquid transport
 services 
            to providing Air/Gas Compression Services
 1994   Bagged contract to provide High Pressure Air Compressors on 
            charter hire basis to ONGC, for its Ahmedabad project
 1997   Bagged contract to provide Natural Gas Compressors on charter
 
            hire basis to ONGC, for its Mehsana project
 1998   Bagged contract to provide Natural Gas Engine based power 
            generation packages on charter hire basis.
 2001   Entered into Gas Compression Equipment Lease and Service 
            Agreement with Hanover Asia Inc., USA for taking on lease
 Gas 
            Compressors.
 2004   Entered into Sales Representation Agreement with Valerus 
            Compression Services Limited Partnership, USA to act as
 Sales 
            Representatives in the Asian Region.
 2005   Purchased one 100 Ton Cardwell KB 500 S Axle Mobile Rig as a 
            step towards becoming an integrated service provider to
 the Oil & 
            Gas Sector.
 2005   Awarded ISO 9001  2000 certification.
 2005   Awarded as a contractor member in good standing by
 International 
            Association of Drilling Contractors (IADC)
 2006   Entered in to Memorandum of Understanding with PT Indrillco
 Bakti, 
            Jakarta, Indonesia for availing technical
 know-how/collaboration in 
            connection with work over services for 30 to 200 Ton
 capacity Rigs.
 
 2008
 
 -Deep Industries Ltd has been awarded the contract from Chennai
 Petroleum Corporation Ltd for compression of natural gas at
 Kamalapuram for Five years. The value of the contract is Rs 103
 Million.
 
 2009
 
 -Deep Industries obtained Letter of Award from ONGC
 
 -Company had Formed a Subsidiary in the name of Prabha Energy Pvt.
 Ltd.
 
 2010
 
 Deep Industries Ltd Letter of Award for Hiring of Natural Gas
 Compression Services
 
 2011
 
 -Ms. Bhavika Bhatt has been appointed as Company Secretary and
 Compliance Officer of the Company
 
 -Deep Industries Ltd has recommended dividend of Rs. 0.50/- (5%) per
 Equity Share
 
 2012
 
 -Deep Industries Ltd has signed Contract with Government of Indonesia
 awarding Coal Bed Methane (CBM) Blocks at Indonesia
 
 -Deep Energy, LLC and Deep Natural Resources Ltd., subsidiaries of
 the Company have been the awarded New Exploration Licensing Policy
 (NELP - IX) of Government of India.
 
 2013
 
 - Board has recommendsed a Dividend of Rs. 0.60 per share i.e. 6% per
 share .
 
 2014
 
 - Board has recommended a Dividend of Rs. 1 per equity share of Rs.
 10 each i.e. 10% per equity share.
 - Deep Industries Ltd has appointed Mr. Arun Mandke as a Additional
 Director of the Company .
 
 2015
 -Deep Industries Ltd has informed BSE that the Registered Office of
 the Company will be shifted from Opp. Suryanarayan Bunglows,
 Sabarmati-Kalol Highway, N H No 8, Motera, Ahmedabad 380 005 to 12A &
 14 Abhishree Corporate Park, Ambli Bopal Road, Ambli, Ahmedabad 380
 058, Gujarat, India
 -Deep Industries  has signed the contract with ONGC for hiring of Gas
 Dehydration System for 5 production installations at their Rajahmundry
 Assets
 -The Company has received Notification of Award for charter hiring of
 01 No. of 1000HP Mobile Drilling Rig
 -The Company has received Notification of Award for hiring the
 Services of Natural Gas Compression at GGS-Wadu
 
 2016
 -Deep Industries Ltd  has secured award worth Rs 7.26 crore for
 hiring of natural gas compression services at CTF Ankleshwar.
 -Company  received an order worth of Rs 247 crore from state-owned
 oil exploration & production company Oil And Natural Gas Corporation
 (ONGC).