DEEP ENERGY RESOURCES LIMITED

rs,

May29,2019 To, Corporate RelationsDepartment Bombay Stock Exchange Limited 2"d Floor, P.J. Towers, Dalal S~reet, Mumbai-400 001 Scrip Code : 532760 Dear Sir/Madam, To, Corporate Relations Depa

Rs. 91.75

pshot Orders during recent period Order Wins 01 Drilling Rigs Repeat Order from ONGC worth Rs. 91.75 Crs for a period of 3 years Fresh Order from ONGC worth Rs. 91.75 Crs for a period of 3 years 02

rs 02

91.75 Crs for a period of 3 years Fresh Order from ONGC worth Rs. 91.75 Crs for a period of 3 years 02 Workover Rig Fresh & Repeat Orders from ONGC worth Rs. 27.85 Crs for a period of 3 years and 1 y

Rs. 27.85

rth Rs. 91.75 Crs for a period of 3 years 02 Workover Rig Fresh & Repeat Orders from ONGC worth Rs. 27.85 Crs for a period of 3 years and 1 year 03 Natural Gas Compression Repeat Order from ONGC worth

Rs. 16.30

rs for a period of 3 years and 1 year 03 Natural Gas Compression Repeat Order from ONGC worth Rs. 16.30 Crs for a period of 3 years. 04 Deep International DMCC Receipt of Order in Gas Compression

rs. 04

ar 03 Natural Gas Compression Repeat Order from ONGC worth Rs. 16.30 Crs for a period of 3 years. 04 Deep International DMCC Receipt of Order in Gas Compression services in Egypt worth Rs. 10.27 Crs

Rs. 10.27

ars. 04 Deep International DMCC Receipt of Order in Gas Compression services in Egypt worth Rs. 10.27 Crs 4 Financial Express CFO of the Year Award 2019  Company’s Group Chief Financial Officer M

rs 4

Deep International DMCC Receipt of Order in Gas Compression services in Egypt worth Rs. 10.27 Crs 4 Financial Express CFO of the Year Award 2019  Company’s Group Chief Financial Officer Mr. Rohan S

46.5%

Cash PAT* Consolidated Performance Commentary FY19 308.7 112.1 24.4 28.7 143.5 46.5% 2.5 33.9 112.0 36.3% 12.1 100.0 31.9 68.1 22.0% 102.0 FY18 312.7 95.4 2

36.3%

Performance Commentary FY19 308.7 112.1 24.4 28.7 143.5 46.5% 2.5 33.9 112.0 36.3% 12.1 100.0 31.9 68.1 22.0% 102.0 FY18 312.7 95.4 23.4 31.8 162.1 51.8%

22.0%

7 112.1 24.4 28.7 143.5 46.5% 2.5 33.9 112.0 36.3% 12.1 100.0 31.9 68.1 22.0% 102.0 FY18 312.7 95.4 23.4 31.8 162.1 51.8% 7.0 38.8 130.3 41.7% 11.6 1

51.8%

36.3% 12.1 100.0 31.9 68.1 22.0% 102.0 FY18 312.7 95.4 23.4 31.8 162.1 51.8% 7.0 38.8 130.3 41.7% 11.6 118.7 41.2 77.4 24.8% 116.2 YoY -1.3%  While

“No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.”

“Clients  Successfully served long term contracts with PSUs since last decade Capabilities  Build a diversified team which has required skill set to carry out planning and execution of large size project.”

“Expertise  Provided complete solutions related to Exploration & Production of hydrocarbons  Developed cost effective solutions which result in substantial savings to Clients Focus  Focus will be to expand in Onshore Drilling Business as there is a significant opportunity in the Industry.”

Registered Office

1

ONGC Rajahmundry

1

Total Acreage holding

1

Investor Relations Advisors

1

Registered Office

12A & 14 Abhishree Corporate Park, Ambli Bopal Road, Ambli, Ahmedabad-380058, Gujarat.lndia. Tel# 02717 298510, +91 98256 00533 I Fax# 02717 298520 Email: info@deepindustries.com I Webs~e: http://www.deepindustries.com CIN : L63090GJ1991PLC014833 DEEP Industries Limited Investor Presentation – May 2019 1 Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Deep Industries Ltd. (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but th

ONGC Rajahmundry

Phase I - 5 sites for 1.6 MMSCMD has been commissioned Phase II - 4 sites for 1.5 MMSCMD has been commissioned ONGC Agartala – 2 sites for 1 MMSCMD has been commissioned 31 Immense Opportunity due to Government Regulation Most of the Onshore Assets do not have dehydration plant in place giving us tremendous opportunity for growth in this space Mandatory Faster Implementation Outsourcing Benefits Industry Potential Government has made it mandatory to have the Gas Dehydrated before they can be inserted to the Gas pipelines Time taken from award to Implementation is faster due to our Technical Qualification, Expertise and Tie-ups Clients can outsource the activity to the Private sector, with the expertise, and focus on their Core Business The immediate potential at present state to Dehydrate Gas is estimated to be additional ~10 MMSCMD 32 Exploration & Production 33 Exploration & Production Portfolio Diversified into Oil & Gas exploration in 2006-07 seeing the opportunity in the space and

Total Acreage holding

Reservoir Type Total Oil & Gas 5,199 sq. km CBM 340 sq. km Maps not to scale. All data, information, and maps are provided "as is" without warranty or any representation of accuracy, timeliness or completeness 34 Business Potential Growing Market Potential 2005, Gas Compression In India natural gas compression services market was valued at USD 88.51 Mn and this is projected to reach USD 139.29 Mn by 2021 Workover & Drilling Rigs There lies a vacuum in onshore rigs business with experienced players exiting the market The Company has been aggressively growing its Rigs business few Gas Dehydration Government has made it mandatory to have the Gas dehydrated before they can be the gas inserted pipelines We are one of the first companies to enter the gas dehydration services business to Exploration and Production The North Karanpura CBM block which has been awarded to our subsidiay, the development phase and , as per our expectation gas production will start in the 2 years. PEPL, in is 36 Ce

Investor Relations Advisors

Deep Industries Ltd CIN: L63090GJ1991PLC014833 Mr. Rohan Shah, CFO rohan@deepindustries.com www.deepindustries.com Strategic Growth Advisors Pvt. Ltd. CIN: U74140MH2010PTC204285 Mr. Shogun Jain / Mr. Pratik R. Shah shogun.jain@sgapl.net / pratik.shah@sgapl.net +91 77383 77756 / +91 97692 60769 www.sgapl.net 42