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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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(34)
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Post by SurfForWealthon Mar 30, 2006 11:05am
183 Views
Post# 10589250

Price for oil

Price for oilWe all know that NKO receives a negotiated fixed price for it's NG which is well below world market pricing. I seem to recall that when NKO sells oil, it would be at normal market rates. Currently their oil production is only about 1% of their boepd. However if this rumoured oil discovery is significant the pricing would be an important issue. Can anyone confirm the price NKO would get for their oil? TIA Cheers!!!
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