Deep Industries signs pact with IndianOil
New Delhi   05-Feb-2008
Deep Industries, an air and gas compression company today said it has reached an understanding with the IndianOil for exploration and marketing of gas. The company informed the Bombay Stock Exchange that it has entered into an MoU with IndianOil for exploration of two coal bed methane blocks, three marginal gas fields and marketing of gas. Shares of the company closed at Rs 157.90, up 4.99 per cent on the BSE.