Asian Energy Services Limited — Investor Meet, 12-09-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Asian Energy Services (AESL) will merge with Oilmax Energy (OEPL) and has completed the Kuiper Group acquisition, forming a larger, integrated energy and minerals company. This merger combines OEPL's asset ownership and drilling expertise with AESL's O&M and EPC capabilities, while Kuiper expands international service offerings. AESL recently secured an INR 865 Cr order from Vedanta. OEPL's key assets include producing fields like Amguri (Assam, scaling up, targeting gas grid connection) and Indrora (Gujarat, ramping up production), alongside developing fields. The combined entity anticipates superior margins and reduced working capital, leveraging a supportive policy environment for growth and value creation. Management conveyed confidence in the strategic advantages.