NKRSF:OTCMKTS
Niko Resources Ord Shs
$0.00
0.00%
(0.00) 1D
Oct 7, 3:04:35 PM GMT-4 · USD
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All symbols
| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for NKRSF...
Mkt. cap
1.49M
Avg. vol.
17.00
Volume
0.00
52-wk high
$0.00
52-wk low
$0.00
Shares outstanding
94.05M
No. of employees
12
Mkt. cap
1.49M
Avg. vol.
17.00
Volume
0.00
52-wk high
$0.00
52-wk low
$0.00
Shares outstanding
94.05M
No. of employees
12
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Profile
Niko Resources is an India- and South East Asia-focused oil and gas exploration and production company that shares ownership of many exploration and development properties with Komodo Energy and Reliance Industries. It holds exploration rights to 37,000,000 acres of land in 7 countries. As of 2011, production only takes place in India and Bangladesh. Major acquisitions include a $310 million purchase of Black Gold Energy on the 18th of November, 2009. This expanded Niko Resources' presence in Indonesian oceanic exploration. The following year, Niko Resources acquired Voyager Energy for $37.6 million, which expanded its presence in Trinidad.
Most of the company's revenue comes from India, revenue from India rose 106% in the 12 months ended March 2011 compared to only 3.9% for Bangladesh.
The company is investing heavily in Trinidad. In June 2011, it paid $78.1 million for offshore block 5c and is initiating exploration of another block. Wikipedia
About Niko Resources Ord Shs