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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 Aug 21, 2015 1:03pm
87 Views
Post# 24040446

RE:RE:RE:RE:RE:RE:RE:Waiting for BK here.

RE:RE:RE:RE:RE:RE:RE:Waiting for BK here.Not really a hard PUSH from them to get there money 

The scheduled payment of $5 million and the deposit into a reserve account of $5 million due on June 30, 2015 were not made and an event of default occurred under the Diamond Settlement Agreement. Diamond Offshore has filed suit in a court in Texas seeking to enforce the scheduled payment and the deposit into the reserve account. The Company is currently considering the merits of the suit and available defences. 
Read more at https://www.stockhouse.com/news/press-releases/2015/08/13/niko-reports-results-for-the-quarter-ended-june-30-2015#dWi2RFiHdt6fs3md.99
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