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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Kerm Yerman who wrote (9578)	2/19/2003 3:29:42 PM
From: Kerm Yerman	Read Replies (1) of 24925

Portfolio Stock / NIKO Resources FOR: NIKO RESOURCES LTD. TSX SYMBOL: NKO FEBRUARY 19, 2003 - 08:30 EST Niko Resources Ltd.: Surat Discovery & New Production High CALGARY, ALBERTA--Niko Resources Ltd. (TSX - NKO) announced that it has completed testing of NS-4, the sixth well drilled on the Company's Surat Block in onshore India. A commingled cased hole drill stem test over three 5-meter intervals, between 199 and 233 meters, flowed 2.66 mmcf/d. NS-4 marks the fourth gas discovery on the Surat Block and further defines a large structural closure of 15 square kilometers in extent. Plans are well underway for a multi-well appraisal drilling program to start immediately upon regulatory approval. The Company is pleased to announce that its share of daily production at Hazira reached a record high of 43 mmcf/day on February 17th, 2003. FOR: NIKO RESOURCES LTD. TSX SYMBOL: NKO FEBRUARY 19, 2003 - 09:06 EST Niko Resources Announces Financial Results www2.cdn-news.com

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