Niko Resources Completes Second Surat Well in India

Niko Resources has completed Bheema #1, the second well on the Company's Surat Block in India. After drilling, logging and successfully testing to the initial target depth of 850 meters the well was drilled to the final target depth of 1,700 meters. Three additional tests were run resulting in combined flow rates of 9.2 mmcf/day of sweet dry gas. The flow rates of these tests, combined with an earlier test, total 16 mmcf/day.