NSEPress Release7 Jul 2026 · 7 Jul 2026, 09:51 am

Press Release

South West Pinnacle Exploration Limited · SOUTHWEST

✦ AI Summary▲ PositiveOrder Win

South West Pinnacle Exploration Limited has been awarded an extension of its contract with Reliance Industries Limited for CBM production, valued at over Rs. 166.82 Crore, with a tentative duration of 15 months and an option for further extension.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10

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Full Announcement

South West Pinnacle Exploration Limited has informed the Exchange regarding a press release dated July 07, 2026, titled "Extension of CBM Production Contract fromReliance Industries Limited valuingover Rs. 166.82 Crore".

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SOUTHWEST_07072026095011_Press_Release.pdf

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South West Pinnacle Exploration Ltd (Formerly known as South West Pinnacle Exploration Pvt Ltd) CIN NO.: L13203HR2006PLC049480 Regd & Corp Office: Ground Floor, Plot No.15, Sector-44, Gurgaon 122003, Haryana, India. T: +91 124 4235400, 4235401 ISO 9001: 2015 Certified Company F: +91 124 4235402 E: info@southwestpinnacle.com W: www.southwestpinnacle.com Date: 07.07.2026 To, To, Listing Department Listing Department National Stock Exchange of India Ltd. Bombay Stock Exchange Limited Exchange Plaza, Phiroze Jeejeebhoy Towers, 5th Floor, Plot No. C/1, G Block, Dalal Street, Mumbai-400001 Bandra- Kurla Complex Script Code: 543986 Mumbai 400051 SYMBOL: SOUTHWEST Subject: Press Release Dear Sir/Madam, Please find enclosed herewith a copy of press release being issued by the company titled as “Extension of CBM Production Contract from Reliance Industries Limited valuing over Rs. 166.82 Crore.” This is for your information and record. Thanking You, For South West Pinnacle Exploration Limited Vaishali Company Secretary & Compliance Officer Investor Release Extension of CBM Production Contract from Reliance Industries Limited valuing over Rs. 166.82 Crore Haryana, July 7, 2026 – South West Pinnacle Exploration Limited (SWPE), an integrated end-to-end Drilling & Exploration service provider across all natural resources, has recently been awarded extension of Contract for CBM production from Reliance Industries Ltd (RIL), with tentative estimated duration of 15 months for production of Multi-Lateral hole drilling for Coal Bed Methane (CBM) in the State of Madhya Pradesh valuing over Rs. 166.82 Crores. The present extension has potential for further extension, therefore total contract value has potential to go up even further. SWPE has successfully completed two projects of RIL in the same domain in the past and is successfully providing CBM Production services under this contract . With the present order win, our order book has made quantum jump surpassing Rs 760 Crore thus giving assured growth visibility over next two to three years. Commenting on this development, Mr. Vikas Jain, Chairman & Managing Director said, “I am pleased to announce about the extension of contract done by Reliance Industries Ltd. (RIL) for production hole drilling for CBM, valuing over Rs, 166 Crore with 15 months tentative duration and an option of further extension of six months. Bagging such a large contract from a prestigious client is very significant achievement. The best part is that no additional assets are needed to be deployed for execution of contract “, Mr Jain elaborated. “ With this, the order book will touch a newer height crossing Rs.760 Crore mark , giving clear visibility to our medium to long term goals”, Mr Jain explained. “CBM production is a non-conventional Oil and Gas source of energy and a step towards Atma Nirbhar Bharat to cater our energy needs” he added. Mr. Piyush Jain, the Jt. Managing director, who was deeply involved into negotiation and finalization of the contract extension, expressed his confidence for successful implementation of the contract and added that” the contract extension shall help in continuing the present operations without a single day loss of operation on account of mobilization of resources etc. and will start fetching revenue for the company from the second quarter of FY 2026-27 itself,” . He thanked the entire team of SWPE for their dedication and hard work, and also other stakeholders involved in the project . South West Pinnacle Exploration Limited Investor Release About South West Pinnacle Exploration Limited SWPEL is an Integrated Service Provider, providing end-to-end drilling & exploration of natural resources viz. Coal, Ferrous, Non-Ferrous & Atomic Minerals and Conventional & non- conventional Oil & Gas and ground water investigation. SWPEL’s expertise also extends to carry out exploration using technological tools like surface geographical investigation, downhole geophysics, 2D/3D Seismic and Passive Seismic Tomography etc. Company has won a coal block in the state of Jharkhand, spread across 266 Hectares, having Geological Reserves of over 84 million tons. It has signed a Coal Mine Development and Production Agreement with the Ministry of Coal, Government of India. The Company has recently been notified as an accredited prospecting agency by Ministry of Coal, Government of India for carrying out prospecting operations for the exploration of coal and Lignite. The exploration activities have accordingly been completed recently and the GR Preparation and other activities are being undertaken on fast track mode for early development of coal block. Further, Company is having two JVs in Oman. The First one is imparting mining services pursuant to a long term mining contract for Copper and Gold in Oman besides carrying out exploration and drilling services through a joint venture, namely, Alara Resources LLC., Oman. The second JV, formed recently has been allocated a mining block by Sultanate of Oman wherein the exploration activities thru air borne survey are in progress. The Company has successfully completed more than 165 projects during 19 years of journey since inception for most of the leading Government & Private Organizations and presently operating 21 projects on Pan India basis, in addition to JV Projects in Oman. SWPEL has completed approximately 3.2 million meters of drilling, 6.5 Lac meter of Geo physical logging 515 sq.km. of 3 D Seismic surveys, 411 LKM of 2 D seismic Survey for exploration of Coal, Mineral, Oil and Gas using 48 state of art drilling rigs having varied capacities to drill up to 2500 Meters depth and other equipment. Safe Harbor Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward- looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual South West Pinnacle Exploration Limited Investor Release results may differ materially from those anticipated in the forward- looking statements. The company assumes no obligation to update forward- looking statements to reflect actual results changed assumptions or other factors.to update forward- looking statements to reflect actual results changed assumptions or other factors. Company: South West Pinnacle Exploration Limited CIN: L13203HR2006PLC049480 Mr. Dinesh Agarwal – CFO dinesh.agarwal@southwestpinnacle.com +91 124 4235402 South West Pinnacle Exploration Limited