CALGARY - Niko Resources Ltd. reported Friday a promised price increase at its offshore India gas play faces at least a three-month delay, while noting an annual loss and further declines in production.
CALGARY—Oil and gas company Niko Resources Ltd. was fined almost $9.5 million Friday after admitting in court that it bribed a Bangladeshi government minister with the use of a vehicle and a trip to North America.
Niko Resources (TSX: NKO, Forum) dropped some in the markets today on the news that the company had negotiated an agreement with its institutional lenders regarding the extension of US$340.0 million senior term facilities past the dates already ...
Short sellers have recently been having a field day with Niko Resources Ltd. (TSX: T.NKO, Stock Forum), a Calgary-based oil and gas explorer, which has been working to avoid a debt default and finance offshore drilling operations in India and Bangladesh.
Mumbai: Canadian energy explorer Niko Resources Ltd (Niko), a partner of Reliance Industries Ltd in the D6 block of the Krishna-Godavari (KG) basin, has asked the Indian government to allow a market-linked price for gas produced from the field.