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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 Caritas3on Jan 26, 2018 4:54pm
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Post# 27444363

RE:RE:RE:RE:RE:#1

RE:RE:RE:RE:RE:#1The GOI news gives a nod to RIL and BP acquiring NIKO's 10% stake in Block NEC-25. I think this is a different area compared to NIKO's 10% stake in the Krishna Godavari Basin blocks KG-DWN-96/3 and KG-D6. Perhaps the strategy is to use a negotiated settlement of NEC-25 to help fund upcoming activity at KG-D6 etc.?
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