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Deep Industries Ltd. Company History and Annual Growth Details

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.


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
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.


-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.
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