Niko To Operate Its First Trinidad Block

摘要

In an agreement with Centrica plc, Calgary-based Niko Resources Ltd. will obtain a 26% interest and operatorship of the recently awarded shallow water Block 2AB offshore Trinidad. Both the assignment of the interest and the operatorship are subject to approval from the government of Trinidad and Tobago. The final equities in Block 2AB will be Niko (26%), Centrica (29.25%), Voyager Energy Ltd. (9.75%) and Petroleum Company of Trinidad and Tobago Limited (Petrotrin) (35%).