Niko Resources Begins Production for Hazira Alpha Platform

Niko Resources reports production commenced in August from the Hazira Alpha Offshore Platform from a re-entry to the A-2 appraisal well, which was drilled in 2002.

Production from this well has averaged 18 million cubic feet per day and is being delivered by sub-sea pipeline to the existing Hazira gas plant facility. Niko Resources Ltd. has a 33.33 percent working interest in the field.

Drilling on the next well from the offshore platform is underway and this well will be placed on production when drilling is complete later in September.