11:52 AM EST - Niko Resources Ltd. : announced that the Company has signed three new Production Sharing Contracts with the Trinidad and Tobago government. When combined with previously announced acreage as summarized below, the company now has an interest in eight blocks in various proven hydrocarbon basins with potential for oil and/or gas discoveries. All blocks are managed by Production Sharing Contracts. Niko Resources Ltd.
shares T.NKO are trading up $1.68 at $82.25.