Wednesday, December 24, 2008

Deep Industries-New Block

MUMBAI, Dec 24 (Reuters) - A consortium of oil and gas services firm Deep Industries Ltd been awarded a block in Satpura-Rewa in the central state of Chattisgarh.

Deep Industries holds 70 percent in the block, it said in a statement to the BSE.

Aty 2:45 p.m., shares in the company were up 8.4 percent at 46.60 rupees in a weak Mumbai market. (Reporting by Jasudha Kirpalani, Editing by Ramya Venugopal)

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