09:48 AM EST - Niko Resources Ltd. : has executed a definitive agreement with a subsidiary of Ophir Energy plc relating to the sale of Niko's interests in seven Indonesian production sharing contracts for cash consideration of $31 million, with further payments of up to $56 million contingent on future exploration success. Niko Resources Ltd.
shares T.NKO are trading up $0.055 at $0.38.
