2007-08 Quarter3 Announcements
31.12.2007:-
- This is to inform that a Meeting of Board of Directors of the Company will be held on Saturday the 12th January 2008 at the Registered Office of the Company at “ Janpriya Crest ” 113 Pantheon Road, Egmore, Chennai 600 008 to take on record the unaudited, estimated Quarterly Financial Results of the Company for the period ending on 31st December 2007
21.12.2007:-
- “A subsidiary of Aban Offshore Limited has entered into a Contract with Chevron Offshore (Thailand) Limited (
Chevron
) for provision of the jack-up drilling rig, Deep Driller 2. The contract with Chevron will be for an estimated duration between 5 and 7 months for drilling operations offshore Thailand. This contract will commence around end of December 2007. The contract value is approximately USD 28 million to USD 40 million”
21.12.2007:-
- The Company has received Notices for conversion of Bonds of an amount aggregating to JPY 1410,000,000 (141 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 21st December 2007 allotted 1,93,549 Equity Shares of Rs.2/- each fully paid
15.12.2007:-
- The Company has received Notices for conversion of Bonds of an amount aggregating to JPY 50,000,000 (5 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 15th December 2007 allotted 6,863 Equity Shares of Rs.2/- each fully paid
8.12.2007:-
- The Committee today allotted 690 ( Six Hundred and Ninety only) Equity Shares of Rs.2/- each to the Employees of the Company under ESOS 2005
3.12.2007:-
- The Company has received Notices for conversion of Bonds of an amount aggregating to JPY 440,000,000 (44 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 3rd December 2007 allotted 60,397 Equity Shares of Rs.2/- each fully paid
22.11.2007:-
- The Company has received Notices for conversion of Bonds of an amount aggregating to JPY 680,000,000 (68 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 22nd November 2007 allotted 93341 Equity Shares of Rs.2/- each fully paid
21.11.2007:-
- Further to the Stock Exchange announcement made on September 13, 2007 we would like to inform you that Aban Pearl Pte. Ltd.(AAPL) a wholly owned Subsidiary of Aban Singapore Pte Ltd. (ASPL), a wholly owned subsidiary of our Company has completed the purchase of the Semi-Submersible Rig “ Bulford Dolphin” (being renamed “Aban Pearl”) today
17.11.2007:-
- The Company has received Notice for conversion of Bonds of an amount aggregating to JPY 400,000,000 (40 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 17th November 2007 allotted 54906 Equity Shares of Rs.2/- each fully paid
14.11.2007:-
- The Company has received Notice for conversion of Bonds of an amount aggregating to JPY 180,000,000 (18 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 14th November 2007 allotted 24708 Equity Shares of Rs.2/- each fully paid
10.11.2007:-
- The Company has received Notice for conversion of Bonds of an amount aggregating to JPY 1,020,000,000 (102 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 10th November 2007 allotted 1,40,011 Equity Shares of Rs.2/- each fully paid
6.11.2007:-
- The Company has received Notice for conversion of Bonds of an amount aggregating to JPY 680,000,000 ( 68 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 6th November 2007 allotted 93,342 Equity Shares of Rs.2/- each fully paid.
5.11.2007:-
- The Company has received Notice for conversion of Bonds of an amount aggregating to JPY 210,000,000 ( 21 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 5th November 2007 allotted 28826 Equity Shares of Rs.2/- each fully paid
2.11.2007:-
- Mr P Venkateswaran, Deputy Managing Director of the Company has sold 2000 equity shares of Rs.2/- on 02.11.2007 of Aban Offshore Limited. The Shareholding of Mr P Venkateswaran after the sale is 7605 equity shares aggregating to 0.0205 % of the paid up capital of Aban Offshore Limited
31.10.2007:-
- The Company has received Notice for conversion of Bonds of an amount aggregating to JPY 700,000,000 ( 70 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 31st October 2007 allotted 96087 Equity Shares of Rs.2/- each fully paid
22.10.2007:-
- The Company has received Notice for conversion of Bonds of an amount aggregating to JPY 400,000,000 ( 40 Foreign Currency Convertible Bonds of face Value of JPY10,000,000/- each). Accordingly as per the terms of Offering Circular dated 31st March 2006, the Company on 22nd October 2007 allotted 54907 Equity Shares of Rs.2/- each fully paid
19.10.2007:-
- Mr P Venkateswaran, Deputy Managing Director of the Company has sold 2500 equity shares of Rs.2/- on 18.10.2007 of Aban Offshore Limited. The Shareholding of Mr P Venkateswaran after the sale is 9605 equity shares aggregating to 0.0259 % of the paid up capital of Aban Offshore Limited
12.10.2007:-
- The Committee today allotted 960 ( Nine Hundred and Sixty Only) Equity Shares of Rs.2/- each to the Employees of the Company under ESOS 2005
10.10.2007:-
- Contract for deployment of jack-up rig Aban VI has been extended by a further period of 6 years, in direct continuation of its existing contract expiring in October 2007. The Operating Day Rate (ODR) for the initial 3 years of the extension period is Euro 62,450 and the ODR for the remaining 3 years shall be as mutually agreed”