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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 Chuckleeon Apr 25, 2017 9:00am
120 Views
Post# 26161410

RE:RE:RIL, BP to buy out Niko stake in KG-D6!!!!!!

RE:RE:RIL, BP to buy out Niko stake in KG-D6!!!!!!
acer132 wrote: benzo40, I don't belive any news  coming from Shine Jacob the author of your link above, he is the guy back in sept that wrote, Niko raises $300 mn using KG-D6 block as mortgage, here's the link
https://www.business-standard.com/article/companies/niko-raises-300-mn-using-kg-d6-block-as-mortgage-116091400010_1.html


True, but RIL's media release from yesterday (April 24th) states the following:

"NEC25 – DOC was reviewed by Management committee for Discovery D32. The application for assignment of NIKO PI (10%) to BP and RIL has been submitted and same is awaiting GoI approval."

So you know sometihng is up. 

https://www.ril.com/getattachment/17cb74b1-bd1f-4173-82a2-05e00c8c343a/Financial%20performance%20for%20the%20year%20ended%20April%2024,%202017.aspx 

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