Niko announces gas discovery at Reliance Mahanadi block

August 14th, 2009 - 10:06 pm ICT by IANS  

New Delhi, Aug 14 (IANS) Canada-based Niko Resources has said it has found natural gas in the offshore Mahanadi basin block that it is jointly exploring with Reliance Industries Limited (RIL).
“At NEC-25, the AJ2 well discovered gas,” Niko announced in its quarterly report for the period ending June 30.

There is, however, no confirmation from RIL, which has so far reported eight gas discoveries at NEC-25 with the Director General of Hydrocarbons.

Niko Resources hold a minority stake in Block NEC-25, where RIL is the operator.

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