Niko to start drilling in deepwater Indonesia ahead of schedule

Offshore staff

CALGARY, Canada –Niko Resources Ltd. (TSX: NKO) plans to start drilling the Lebah prospect offshore Indonesia in the North Banal block by the middle of next week. The Discoverer Seven deepwater drilling rig is arriving earlier than estimated.

TheOcean Monarch drilling rig is scheduled to reach Singapore by early next month for a hull inspection prior to starting drilling for Niko in Indonesia.

7/11/2012