Asian Oilfield Services Limited (the Company) has received a Letter of Award (LoA) of Contract from Oil and Natural Gas Corporation Limited (ONGC) for " Hiring of Services for 2D Seismic Data Acquisition in un-appraised on land areas of Sedimentary Basins of India Sector 11A (Himalayan Foreland area) valued at INR 276.5 million " The Company has acknowledged the receipt of this Letter of Award and has initiated the acceptance and execution of the same.