Financial Daily from THE HINDU group of publications
Thursday, Nov 14, 2002

News
Features
Stocks
Port Info
Archives

Group Sites

Home Page - Petroleum
Industry & Economy - Petroleum


Niko strikes gas

Our Bureau

NEW DELHI, Nov.13

NIKO Resources Ltd, Canada, has made the first discovery in the blocks awarded under the second round of the New Exploration and Licensing Policy (NELP II).

The discovery of gas has been made in the onland block CB-ONN-2002/2 near Surat in Gujarat, according to the Petroleum Minister, Mr Ram Naik.

The second discovery of hydrocarbons comes within a fortnight after a major gas discovery by a consortium of Reliance Industries Ltd and Niko Resources Ltd in the Krishna-Godavari deepwaters under NELP I.

Send this article to Friends by E-Mail
Comment on this article to BLFeedback@thehindu.co.in

Stories in this Section
Sibling discontent in Jumbo?


DoT sets Dec target for village phones
Niko strikes gas
Coke seeks to uncork Rs 803 crore
Kennametal to make open offer for 23 pc Widia stake
New SBI chief Purwar banks on tech


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |

Copyright 2002, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line