Niko scores three more offshore Trinidad tracts

April 21, 2011
Niko Resources Ltd. has signed three new production sharing contracts with the government of Trinidad and Tobago.

Offshore staff

CALGARY, Canada – Niko Resources Ltd. has signed three new production sharing contracts with the government of Trinidad and Tobago.

1. Block NCMA2 is 50 km (≈30 mi) offshore northern Trinidad in 150-170 m (492-558 ft) water depth and covers 251,870 a (1,019 sq km)

2. NCMA3 is 25 km (≈15 ½ mi) north-northwest offshore Trinidad in 100-150 m (328-492 ft) water depth and covers 520,439 a (2,106 sq km)

3. Block 4(b) is in the Columbus basin 100 km (62 mi) off the east coast of Trinidad in 200-700 m (656-2,297 ft) of water and covering 396,634 a (1,605 sq km).

04/21/2011