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| Home : Niko Resources Ltd.: Credit Facility Borrowing Base Review |
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Sep 19
2012 |
Niko Resources Ltd.: Credit Facility Borrowing Base Review |
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CALGARY, ALBERTA--(Marketwire - Sept. 18, 2012) - Niko Resources Ltd. ("Niko") (TSX:NKO). Niko is pleased to announce the Company's credit facility syndicate has confirmed a revised borrowing base amount of $100 million. The Company understands that the revised borrowing base amount was determined assuming gas price in India will remain unchanged at $4.20 per MMBtu for the life of the D6 gas fields. |
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| Source:http://www.marketwire.com/mw/release.do?id=1703033&sourceType=3 |
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