Niko Resources Ltd NKRSF

RE:RE:A happy, happy day..all the way....love it...

[Chucklee]

redscorpion wrote:

redscorpion wrote:

Sounds promising…

DECISION PERTAINING TO THE EXCLUSIVITY OF THE TRIBUNALS’ JURISDICTION
July 19, 2016)


https://icsid.worldbank.org/ICSID/FrontServlet?requestType=CasesRH&actionVal=showDoc&docId=DC8613_En&caseId=C3865


Niko Announces ICSID Tribunals' Third Decision on Payment Claim
https://www.marketwired.com/press-release/niko-announces-icsid-tribunals-third-decision-on-payment-claim-tsx-nko-2129342.htm


RIL's block holds 3.7 times established gas reserves: Niko
Jul 11, 2016
https://timesofindia.indiatimes.com/city/delhi/RILs-block-holds-3-7-times-established-gas-reserves-Niko/articleshow/53155677.cms

Quotes from article above with link


"New Delhi, Jul 11 () Reliance Industries' flagging eastern offshore KG-D6 block holds 3.7 times more established gas reserves at 2.6 trillion cubic feet, the company's minority partner Niko Resources said."

"Niko, which holds 10 per cent interest in the KG Basin block, in its earnings statement for 2015-16 fiscal said its share of proved reserves in KG-D6 block stands at 265 billion cubic feet of gas equivalent (2.65 Tcf for 100 per cent interest).
After adding probable reserves, this jumps to 406 billion cubic feet of gas equivalent (Bcfe) or 4.06 Tcf."
 
"RIL, which is the operator of the block with 60 per cent interest, has so far brought to production only two gas and one oil discoveries out of the 19 find it had made so far."

 

 

WHAT A GREAT DAY TODAY...IT IS SO SUNNY AND I SEE LOTS OF GREEN....around me

Thats because you highlighted it green. This isn't NEWS. This happened and is already priced in.