GREY:ARHTQ - Post by User
Comment by
rubiconon Sep 13, 2008 1:21pm
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Post# 15454283
RE: Niko
RE: Niko
Watch the BNN interview with Niko CEO Edward Sampson here:
FF to the 9:00 mark for the start of the interview, FF to 13:45 for his Kurdistan comments.
Niko are definitely hot on Kurdistan, their quarterly report issued last month (partially copied below) mentions the VST block more than once and states that "field scouting is under way and a tender for a 300- to 500-kilometre 2-D seismic program will be issued shortly with data acquisition expected to commence later in the third quarter of calendar 2008"..., that's this month so news about the seismic tender should be coming within 2 weeks.
Niko Resources Ltd (C-NKO) - News Release
2008-08-13 09:35 ET - News Release
NIKO RESOURCES ANNOUNCES 1ST QUARTER FINANCIAL RESULTS; Q1 INTERIM REPORT FOR THE THREE MONTH PERIOD ENDED JUNE 30, 2008
Niko Resources Ltd. has released the results for the first quarter ended June 30, 2008.
Operational highlights
New ventures:
- In May, 2008, Niko signed a production-sharing contract (PSC) in the Kurdistan region of Iraq, whereby it will operate and currently has a 36-per-cent participating interest in the 846-square-kilometre block.
- In July, 2008, Niko signed a heads of agreement whereby it will operate and earn a 75-per-cent participating interest in a 16,845-square-kilometre block in Madagascar.
Exploration:
- In Pakistan, a contract has been awarded to conduct a 3,200-square-kilometre 3-D seismic program.
- In the Kurdistan region, field scouting began and a tender for a 300- to 500-kilometre 2-D seismic program will be issued shortly.
- In D6, the L1 well was the first discovery in the Pleistocene channel complex.