Last C$0.28 CAD
Change Today +0.01 / 3.70%
Volume 280.5K
NKO On Other Exchanges
As of 3:58 PM 11/20/14 All times are local (Market data is delayed by at least 15 minutes).

niko resources ltd (NKO) Snapshot

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06/9/14 - C$3.41
52 Week Low
10/30/14 - C$0.26
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niko resources ltd (NKO) Details

Niko Resources Ltd. is engaged in the exploration for, development, and production of natural gas and crude oil. Its principal producing natural gas and crude oil assets include the D6 Block in India and Block 9 in Bangladesh. The company was founded in 1987 and is headquartered in Calgary, Canada.

Founded in 1987

niko resources ltd (NKO) Top Compensated Officers

Total Annual Compensation: $225.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: $272.8K
Chief Operating Officer, Director and Member ...
Total Annual Compensation: $542.8K
Compensation as of Fiscal Year 2014.

niko resources ltd (NKO) Key Developments

Niko Resources Ltd., Q2 2015 Earnings Call, Nov 14, 2014

Niko Resources Ltd., Q2 2015 Earnings Call, Nov 14, 2014

Niko Resources Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2014

Niko Resources Ltd. reported earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company’s EBITDAX was $18 million compared to $38 million in the second quarter of fiscal 2014 primarily due to other income of $18 million recorded in the prior year's quarter related to the farmout of a portion of the company's interest in the Grand Prix block in Madagascar, while lower workover costs and increased sales volumes in Block 9 in Bangladesh and lower G&A costs in the current quarter were more than offset by the impact of increased government share of profit petroleum in Block 9 and decreased sales volumes from the D6 Block in India. Net loss was $39 million compared to $149 million a year ago. Total sales were $114 million compared to $113 million a year ago. For the six months, the company’ EBITDAX was $44 million compared to $57 million a year ago. Net loss was $94 million compared to $208 million a year ago. Total sales were $116 million compared to $110 million a year ago.

Niko Resources Ltd. to Sell Interest in Seven PSC's in Indonesia to Ophir Energy plc

Niko Resources Ltd. announced that it has executed a definitive agreement with a subsidiary of Ophir Energy plc relating to the sale of Nikos interests in seven Indonesian production sharing contracts for cash consideration of $31 million, with further payments of up to $56 million contingent on future exploration success.


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