Expressing happiness at the discovery encountered through this well, PMS Prasad, Executive Director, Reliance Industries Limited, stated: "This is a successful outcome of the combined exploration efforts of the Joint Venture partners with the active ...

REUTERS - Canadian oil and natural gas producer Niko Resources Ltd said on Friday it made a significant gas discovery, along with its partners, in the KG-D6 block off India's east coast, sending its shares up 26 percent.

Among the companies whose shares are making notable moves in Friday's session are Niko Resources Ltd. (NKO.T) and Manitoba Telecom Services Inc. (MBT.

Shares of Niko Resources (>> Niko Resources Ltd.) rose 22.7 percent to C$7.35. The company, along with partners Reliance Industries Ltd (>> Reliance Industries Limited) and BP (>> BP plc), announced a significant gas condensate discovery off India's ...

Niko Resources Ltd. jumped 23 percent to C$7.35, for its biggest gain since 1996. Niko, along with partners Reliance Industries Ltd.

TO) edged down 0.35 percent. Canadian Oil Sands Limited (COS.TO) shed 0.35 percent, while Encana Corp. (ECA.TO) dropped 0.69 percent.

Niko Resources (Ltd. TSE:NKO) jumped 22 percent to C$7.32. Niko, along with partners Reliance Industries Ltd. (NSE:RELIANCE) and BP Plc.

Reliance Industries Ltd. and partners plan an appraisal program with a view to developing a deepwater natural gas and condensate discovery on the controversial KG-D6 Block offshore eastern India.

Calgary-based Niko, along with partners Mumbai, India-based Reliance Industries Ltd. (NSE:RELIANCE) and BP Plc (NYSE:BP), based in London, discovered �significant gas condensate� after drilling a well off India's east coast, the companies said in a ...

I have discussed and recommended BP plc (BP) in several of my earlier articles. In a most recent positive development for BP, the RIL (Reliance Industries Ltd.), BP and NIKO partnership announced a significant gas condensate discovery in deepwater KG ...