NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, ALBERTA--(Marketwire - Dec. 11, 2012) - Niko Resources Ltd. ("Niko") (TSX:NKO) is pleased to announce that it has closed the sale of an additional (i ...
CALGARY, ALBERTA -- (Marketwire - Dec. 5, 2012) - Resources Ltd. ("Niko" or the "Company") (TSX:NKO) is pleased to announce today the repayment of Cdn$308 million of the Company's Cdn$310 million of convertible debentures due December 30, 2012 at par ...
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, ALBERTA -- (Marketwire - Dec. 4, 2012) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) is pleased to announce today the successful closing of its ...
Niko Resources is pleased to announce that it has increased the size of the over-allotment option for its recently announced issue of convertible unsecured senior notes to $15 million principal amount (from $10 million principal amount previously announced), and the option is exercisable in whole or in part at any time following closing for a period of 30 days. All other material terms remain the same.
Niko Resources is pleased to announce that it has reached an agreement with a syndicate of underwriters led by RBC Capital Markets pursuant to which Niko has agreed to issue, on a "bought deal" basis (i) 12,000,000 Niko common shares at Cdn$8.50 per Common Share for gross proceeds of Cdn$102 million and (ii) Cdn$100 million principal amount of convertible unsecured senior notes (the "Notes") at a price of Cdn$1,000 per [...]
Niko Resources, announces that, along with its consortium partners, Niko has entered into a relinquishment and termination agreement with the Kurdistan Regional Government to surrender their collective interests in the Qara Dagh Block located in the Kurdistan Region of Iraq. The Relinquishment Agreement is clear that none of the consortium partners will have any future obligations or liabilities with regard to the [...]
Niko Resources is pleased to report its financial and operating results, including consolidated financial statements and notes thereto, as well as its managements' discussion and analysis, for the three and six month periods ended September 30, 2012. The operating results are effective November 13, 2012. All amounts are in U.S. dollars unless otherwise indicated and all amounts are reported using International Financial [...]
Niko Resources, along with partner Zaratex N.V., announces the Jayarani-1 well, located in the Lhokseumawe PSC offshore Aceh western Indonesia, has reached TD at a depth of 11,537'. The well penetrated the pre-drill geologic objectives of Oligo-Miocene Peutu and Cunda carbonates, but no commercial reservoir was encountered. The Niko Indonesia team completed this first well of a multi-well program safely, under budget and [...]
CALGARY, ALBERTA -- (Marketwire - Nov. 6, 2012) - Niko Resources Ltd. ("Niko" or the "Company") (TSX:NKO) provides the following exploration updates: Trinidad and Tobago The Maestro-1 well in Trinidad has reached total depth in the Lower Cretaceous ...
The Company provides an operational and corporate update on the quarter ended September 30, compared to the quarter ended June 30. Financial information for the current quarter is based on currently available information and is subject to revision in connection with the finalization of actual results scheduled to be reported on November 13, 2012.
Niko is now entering into the most significant exploration drilling program in its corporate history with the Ocean Monarch deepwater semi-submersible drilling rig expected to begin moving to the Jayarani-1 location in the Lhokseumawe block in Indonesia on October 1, 2012. This rig has been contracted for a four-year term with an option for one additional year and will be utilized to drill numerous prospects in the [...]
Niko Resources is pleased to announce the Company's credit facility syndicate has confirmed a revised borrowing base amount of $100 million. The Company understands that the revised borrowing base amount was determined assuming gas price in India will remain unchanged at $4.20 per MMBtu for the life of the D6 gas fields.