Niko obtains in Indonesia

Canadian-based Niko Resources Ltd has announced that the Indonesian government has provisionally awarded Niko and its partners four blocks covering almost 20,000sq/km. In two of the blocks, Niko will be operator and earn a 51% working interest. In the two other non-operated blocks, Niko will earn a 25% working interest. Each of the Blocks is approximately 5000sq/km and located primarily in deep water.
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