Aakash Exploration Services Ltd Company Profile: Products, Promoters and Clients

Question 1: What are the products and services of Aakash Exploration Services?

Aakash Exploration Services Ltd. offers services for the oil and gas industry to improve exploration and production activities. Here are their main products and services:

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1- Oil and Gas Exploration Services

  • Seismic Data Acquisition and Interpretation: Aakash Exploration uses seismic surveys to collect data on underground formations. They use seismic waves to make detailed images of the underground, which helps find possible oil and gas reserves.
  • Geological and Geophysical Analysis: The company offers geological and geophysical services to find good places for drilling and exploration by analyzing data.

2- Drilling Services

  • Onshore Drilling: Aakash Exploration provides onshore drilling services, including drilling rigs and managing drilling operations to help drill oil and gas wells effectively and efficiently.
  • Directional Drilling: This service drills wells at angles instead of straight down. It helps reach more reservoirs with one well, making extraction more efficient and reducing harm to the environment.

3- Well Workover and Completion Services

  • Workover Services: These services help keep wells working well. Workover operations fix broken equipment, access new reservoirs, and improve flow in wells.
  • Well Completion: Aakash Exploration helps get drilled wells ready for production by completing them. It involves installing equipment, making holes in the casing, and ensuring the well can produce hydrocarbons.

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4- Production Enhancement Services

  • Hydraulic Fracturing: Fracking is a method that uses high-pressure fluid to make cracks in rocks underground. It helps oil and gas flow more easily out of the ground.
  • Acidizing: In this process, acid is pumped into the well to dissolve rock formations. It helps make the reservoir more permeable and increases the flow of hydrocarbons.

5- Maintenance and Support Services

  • Well Servicing: Aakash Exploration regularly services wells to keep them working well. It involves checking equipment, doing maintenance, and making repairs.
  • Equipment Rental and Maintenance: The company rents special oilfield equipment and does maintenance to keep it working well.

6- Consulting and Project Management

  • Technical Consulting: Aakash Exploration helps with planning and carrying out exploration and production projects. Their consultants give technical advice to improve operations and follow regulations.
  • Project Management: The company handles projects from start to finish, making sure they are done on time, within budget, and meet quality standards.

Question 2: Who are the promoters of Aakash Exploration Services?

The promoters of Aakash Explor. Include Vipul Haria, Hemang Haria, Krunal Haria, Navin Haria, Bijal Haria, Urvi Haria and Sneha Haria.

Vipul N. Haria is the Chairman and Managing Director of the company. He did his Bachelor's degree in Business Commerce from Gujarat University. He has an experience of over 33 years.

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