Executive Summary

Indus Gas Limited is an oil and gas exploration and development company. The Company owns, through its wholly owned subsidiaries, a participating interest in an on-shore petroleum concession, located in mid Indus Basin, in the North Western Indian state of Rajasthan. The two wholly owned subsidiaries, iServices and Newbury have a participating interest in a 4,000km2 Block which contains two existing gas discoveries and several other prospects/leads which are under exploration and appraisal. The Company is focusing on early gas production from the discovered fields, aggressive exploration of other prospects leads and delineation of new prospects leads through a programme of seismic acquisition.

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