Award of Contract
Vadodara, India, 19th November 2007

Asian Oilfield Services Ltd has informed BSE that the Company has secured a Rs 71.86 Crores order from Oil India Ltd for acquisition of 2D Seismic Data in Mizoram to be executed within 14 operative months effective from the date of mobilization. This order is extendable further to acquire more data at mutually agreed terms & conditions.

The Company has successfully completed over 300 GLKM of projects work of Rs 40 Crores in Tripura, Assam, Nagaland and Gujarat for ONGC, Jubilant Oil & Gas and Canoro Resources, in the last field season.

The Company is diversifying in related services in Oil and Gas Sectors with an aim to become one of the leading Service providers in Oil field services sector in India.