| Deep Energy, LLC (whose parents company is Deep Industries Ltd) has been awarded one on-shore Oil and Gas Block namely SR-ONN-2005/1 in Seventh Round of New Exploration Licensing Policy.
For this block, Deep Energy, LLC (DEL) is in consortium with Deep Industries Ltd, Savla Enterprise pvt.Ltd and Kanvel Finance pvt.Ltd.
The area of the block is 789 Sq/km and falling in northern part of Chhatisgarh state, India .
DEL is also operating Earlsboro unit no.6 & 7 Oil and Gas Fields in Oklahoma State since last one and half year. The total area of the fields is 3 sq/km
DEL’s annual accretion of proved reserves is 0.07 MMBOE.
Under its expansion plans, DEL is looking to acquire more new fields through Government of India’s eighth round of New Exploration Licensing Policy (NELP-VIII).
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