Niko Resources Ltd. logo Equities research analysts at TD Securities reduced their price objective on shares of Niko Resources (TSE:NKO) from C$7.50 to C$3.50 in a research note issued to investors on Monday.
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.
Reliance, with partners BP Plc and Canada's Niko Resources Ltd., announced on May 24 a �significant� discovery of gas and related liquids in a deposit that lies under the biggest producing areas in the KG-D6 block in the Bay of Bengal.
Niko Resources Ltd. is engaged in the exploration for and development and production of oil and natural gas. Receive News & Ratings for Niko Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and ...