Niko Resources Throws In The Towel For D4 Block In India

Transaction Type
Buyers
Announce Date
Post Date
Estimated Price
0MM
Description

Acquired various interest in D4 (MN-DWN-2003/1) block in India.

Niko Resources Ltd., Calgary, (Toronto: NKO) and its partners have chosen to relinquish their various interest in the D4 (MN-DWN-2003/1) block in India.

Niko has chosen this decision following the most current geological assessment related to the size and risk of the trapping mechanism and current commercial environment in India.