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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 monzieon Jun 01, 2016 9:59am
76 Views
Post# 24922661

RE:RE:RIL,BP,NKO to drop multiple arbitrations..Positive

RE:RE:RIL,BP,NKO to drop multiple arbitrations..Positive
Zhantao wrote:
sanmeet81 wrote: https://economictimes.indiatimes.com/industry/energy/oil-gas/reliance-industries-to-drop-arbitration-over-surrender-of-kg-d6-block-area/articleshow/52528291.cms


Article says ril wishes to drop arbitration because kg-d6 has low volume of gas? Where does that leave Niko? Doesn't sound good to me? If that is true I am now unsure how this will benefit us


They're just referring to the area that they gave up as being uneconomical and having low volume, not the whole of kgd6 which is why they're focusing on the MJ cluster and the other one which I can't remember the name of. 
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