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Niko Resources Ltd NKRSF

Energy Oil & Gas E&P
Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Niko Resources Ltd
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Comment by Bigwhiskeyon Mar 26, 2015 10:36am
129 Views
Post# 23563908

RE:RE:RE:RE:RE:RE:RE:Some news

RE:RE:RE:RE:RE:RE:RE:Some newsLooks like Oilex thinks there going to make good money for from this in 2015 ... I will have to see what % niko is in for on this.. 

"Oilex is very pleased with construction progress at Cambay-73 which should enable the Joint Venture to commence production during May 2015. This will be the first gas produced and sold from the Y zone formation within the Cambay Contract Area and it will be the first gas sold from the Cambay Field in over 23 years. Commercial production from Cambay-73 is a key initial step to achieving the company's objective of becoming cash flow positive from operations in India in the second half of 2015," Oilex Managing Director Ron Miller said.

Oilex shares were up 18.1% at 2.81 pence early Thursday, making it one of the best-performing stocks on the AIM All-Share index.

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