EXPLORING THE LIMITS EXPLORING THE LIMITS

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1 EXPLORING THE LIMITS Corporate Office: Shiv-Vani Oil & Gas Exploration Services Ltd., NBCC Plaza, Tower-1, 5th Floor, Sector-5, Pushp Vihar, Saket, New Delhi , India Tel: Web: Mumbai Office: 701/ 302, Jai Krishna Complex, Fun Republic Lane, Off New Link Road, Andheri (West), Mumbai Tel.: / / EXPLORING THE LIMITS

2 LEADING THE WAY IN OIL AND GAS EXPLORATION. A world leader in upstream supply and support, Shiv-Vani Oil & Gas Exploration Services Limited has been the preferred exploration partner of Oil and Gas majors in India and the Middle East since The company is looking to expand operations in Abu Dhabi, Qatar, Syria, Libya, Yemen, Georgia and in the CIS Countries. Shiv-Vani has been a member of CII and FICCI and is listed with both the National Stock Exchange and the Bombay Stock Exchange in India. For year 2010, the company had a turnover of USD 275 million with an enterprise value of USD 900 million.

3 Jammu & Kashmir Shot-Hole Completed Rajasthan Drilling Completed Himachal Pradesh Shot-Hole Completed OIL, 3 Nos HP & 1 No HP Drilling Rigs & 2 Nos. Work over Rigs at/ near Duliajan ONGC, 1 No. 200 HP Integrated Drilling Rig at Itarsi, MP ( Frontier Basin) ONGC, 3D Seismic Data Acquisition Silchar-210 SKM ONGC, 3D Data Acquisition- Sector 1 Sibsagar-1465 SKM Shadol- Work over Completed Ahmedabad Ongoing Drilling work INTEGRATED E&P SERVICES FOR OIL MAJORS IN INDIA. AND ABROAD. Known for its integrated services for ONGC, 2 Nos HP Integrated Drilling Rigs at Agartala Exploration and Procurement of fossil fuels, ONGC, 1 No. 50 Ton Work over Rig at Bokaro Shiv-Vani has been the trusted partner of the ONGC, Integrated CBM Operation at Bokaro Oil and Natural Gas Corporation Limited OMAN ONGC, 3 Nos. Crew Boats- Mumbai Offshore ONGC, 2 Nos HP Integrated Drilling Rigs & 2 Nos. 175 Ton Work over Rigs at Rajahmundry (ONGC), Oil India Limited (OIL) and Petroleum Development Oman (a Shell International operation). Shot-Hole Completed The company provides a bouquet of completely integrated services including shot-hole drilling, well-workover, deep drilling, seismic services and coal-bed methane extraction and handling, across 36 sites in India and the Middle East. Shiv-Vani has expanded its considerable capabilities through the acquisition of cutting edge technologies, latest equipment and the forging of new partnerships with Express Drilling Systems, USA, KCS, Kazakhstan and TNG Group, Russia.

4 A COMPREHENSIVE RANGE OF SERVICES. Deep Drilling A leader in the upstream services segment, Shiv-Vani offers a full spectrum of drilling operations. The company also has an extensive experience in drilling exploration, appraisal and production wells. The company's deep drilling rigs with latest technology of 300 HP is one of the rare numbers in India. We also own highperformance and fast-moving mobile rigs. 80% of the rig items are on wheels to facilitate maximum flexibility. Directional Drilling Shiv-Vani undertakes directional drilling services to develop non-vertical wells thus enhancing profitability through the production of fossil fuels in tough geological conditions or areas of ecological sensitivity. The company also has the expertise to comprehensibly handle extended reach directional drilling projects, oilfield directional drilling, horizontal directional drilling and in-seam directional drilling. Shiv-Vani owns over 40 of its own drilling rigs with capacities ranging from 450 HP to 3000 HP which can drill between 2000 to 8000 m into the earth's crust. Eleven of these rigs have the advanced top drive capability. Workover Shiv-Vani owns state-of-the-art drilling and workover rigs. Our experts are fully equipped to tackle even the most intricate challenges in India and abroad. The company has completed workover operations for more than 1,400 wells to ensure enhanced production. For these we followed the highest level of safety and environmental standards. Coal Bed Methane Coal Bed Methane is an important potential source of clean energy whose development and extraction reduces greenhouse effects, earns valuable carbon credits and boosts coal production and safety conditions in working mines. Shiv-Vani is the first upstream service provider to introduce in-seam directional drilling for the CBM development segment in India. This is done through the experience and expertise of a multidisciplinary team that generates a comprehensive exploration and development model after considerable study. CBM assignments to its name and the development of the prestigious ONGC project in Jharkhand, Shiv-Vani is the right partner for any CBM requirements. Seismic Data acquisition and shot hole drilling With an extensive and experienced team of geophysicists, surveyors and engineers, Shiv-Vani is a valued provider of seismic services from collection to interpretation of both two-dimensional and three-dimensional seismic data. The company can also provide shallow water transit zone data services on demand. Shiv-Vani has nearly two decades of expertise in shot-hole drilling which is the first exploratory activity necessary for identifying hydrocarbon reserves. The company has a fleet of 10 sets of seismic equipment, along with 350 shot-hole drilling rigs that include truck-mounted, heli-mounted and portable rigs to carry out intricate operations in terrains ranging from mountains to marshlands and dense forests. Natural Gas compression Since 2000 Shiv-Vani has been a provider of natural gas compression services which ensures the steady flow of Natural Gas from source to destination. The company has also employed gas compressors at gas gathering stations to compress low pressure natural gas into high pressure natural gas for transportation. Shiv-Vani owns five gas compressors with a capacity of 20,000 SCMD each and two gas compressors with a capacity of over 100,000 SCMD each.

5 COMPLETE CAPABILITIES WITH STATE OF THE ART TECHNOLOGY. Integration allows for Shiv-Vani to provide total solutions for a variety of Oil and Gas requirements. At Shiv-Vani, this integration is backed through a systematic investment in human and technological capability. Equipment Shiv-Vani invests in technological advancements that allow the company to procure, assemble, fabricate, engineer and maintain its own rig equipment. This allows for a considerable value addition for all our clients. Today the company owns and operates 40 such rigs for both onshore, deepdrilling and workover explorations. 35 of these are being used in different fields across India. International tie-ups Shiv-Vani has developed and forged partnerships with companies from all over the world for a variety of strategic needs. These include Atlantic Directional Inc. (Canada), Calfrac Well Services (Canada), Express Drilling, Kazakhstan CaspyShelf, Mi Swaco ( A Subsidiary of Schlumberger), Schlumberger Asia Limited, TNG Group (Russia), Weatherford and many others. Logistics Support Shiv-Vani owns four offshore logistic support vessels for transporting oil and gas companies' personnel and equipment to and from offshore drilling rigs. In addition the company has 425 onshore logistics support vehicles like cranes, bunk houses, trailers, prime movers and forklifts.

6 COMMITTED TO HEALTH, SAFETY AND ENVIRONMENT FRIENDLY PRACTICES. Health, Safety and Environment Shiv-Vani is focused on Health, Safety and Environment (HSE) and Quality. The company ensures safe working practices, practices at all its sites. The company implements the OHSAS International occupational health and safety management, system making it compatible with ISO and ISO Shiv- Vani follows EP-6.36 / 210 UK & ISO 9001: 2000 Guidelines. The company was recognized as a Contract Member in a Good Standing position at International Association of Drilling Contractors (IADC) '2007. HRD Practices Shiv-Vani employs a team of nearly 2000 highly motivated and experienced professionals for its services. These comprise approximately 450 engineers including geologists, geophysicists, geo-scientists and senior management with extensive experience in the Oil and Gas business. The company is committed to its team and shares with them the vision that the customer must always come first.