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Desi companies dusting up their onland E&P assets-I: Deep Industries want to create more value
Jun 29: Deep Industries, smudged with a recent blacklisting by ONGC and a knock on the knuckles by SEBI, has decided to divest its E&P asset into a separate entity
8The reason seems to be to create more value around its E&P assets, as different from its equipment and services segment
8There is a big upsurge in smaller private companies interest in Indian E&P assets
8The view is that onland extraction costs are cheap and there is money to be made from E&P which was not possible when prices were down last year
8Just like with the downstream sector, we can provide you field-wise business opportunities information going ahead
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