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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
Bullboard Posts
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(2)
•••
Comment by thediggeron May 13, 2016 8:23am
93 Views
Post# 24869291

RE:RE:News?

RE:RE:News?
That would have been nice to receive news about findings in Block 9 but at least, we know that the exploration potential is still there and we know it is still a producing block that gives Niko $40M a year ($2.32/mcf for 100 mmcfd *80%(net profit)*60%(Niko's part)*365). We could say it is a positive news release.
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