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What is Niko Resources Exploration Updates 2013 about?

Niko Resources provides updates on three exploration prospects. In Indonesia, the Cikar-1 well encountered gas but drilling was suspended due to conditions; significant potential remains in the block. In Indonesia, a rig will begin drilling in the North Makassar block in early April, targeting an extension of previous discoveries. In India, the MJ-1 well began drilling in March in the D6 Block to test a reservoir below producing fields; results are expected in April/May and pre-drill estimates show prospect

Author

Risma Yunita

Language

EN