Aban Offshore bags order worth Rs 842 crore

by khalid on 27/05/2010 · 0 comments


Aban Offshore is an Offshore oil drilling and production services company. The has company informed the market (BSE) that they have been awarded LOI for the deployment of jack-up rig Deep Driller 6 in the Middle East for a 18 firm wells plus 4 optional wells programme. The value of this order is Rs 842 crores (USD 187 million). This will run for 4 years and the same will be deployed some where in second Qtr of 2010.

Share’s Data :-
BSE Code : 523204
Mkt. Cap: Rs 2981 Crores
P/E: 10.18
EPS: Rs 67.63 in Mar 2009
Face Value : Rs 2
Last dividend : 180% in Jul 2009
52 Week H/L : Rs 1679.50 / 631.70
Aban Offshore Ltd. share’s CMP is Rs 684.00 on 27th May 2010

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