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Niko Resources Ltd NKRSF

Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

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Comment by redscorpionon Aug 15, 2016 1:17am
69 Views
Post# 25141200

RE:"406 billion cubic feet"....and the financials....

RE:"406 billion cubic feet"....and the financials....
redscorpion wrote:
 
https://timesofindia.indiatimes.com/city/delhi/RILs-block-holds-3-7-times-established-gas-reserves-Niko/articleshow/53155677.cms
 
Quotes from link above

«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
This compares 70 Bcfe of proved reserves for Niko's 10 per cent share stated in the financial statement for the previous fiscal ended March 31, 2015 »
 
 


Aug 31, 2011,

https://timesofindia.indiatimes.com/business/india-business/RIL-completes-7-billion-deal-with-BP/articleshow/9803992.cms



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