Detail akcie Niko Resources online

Business Summary: Niko Resources Ltd. is engaged in the exploration, development and production of oil and natural gas primarily in India and Bangladesh. The Company's segments include India, Bangladesh, Other Exploration Areas and Corporate. The Company's reserves are located in the D6 Block in India and Block 9 in Bangladesh. The Company's D6 Block consists of approximately 7,645 square kilometers, and is located off the coastline of Andhra Pradesh, and the remaining petroleum mining lease acreage comprises over 1,057 square kilometers. The Company also has interest in Hazira Field, which is located approximately 25 kilometers southwest of the city of Surat, and covering an area of approximately 50 square kilometers on and offshore. It holds and operates over 24 square kilometer Surat Block located onshore adjacent to the Hazira Field. The Company's Block 9 covers approximately 1,770 square kilometers of land in the central area of Bangladesh surrounding the capital city of Dhaka.
Financial Summary: BRIEF: For the nine months ended 31 December 2018, Niko Resources Ltd. revenues decreased 42% to $9.7M. Net loss before extraordinary items decreased 2% to $53.4M. Revenues reflect Natural gas sales decrease of 53% to $7.2M, Oil and condensate sales decrease of 5% to $3.5M. Lower net loss reflects Commercial claim expense decrease of 95% to $1.3M (expense), Finance and other income increase from $1.2M to $5.1M (income).