“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.

They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

Wednesday, November 18, 2009

Niko Resources Takes Indonesia Acreage To 12.1 Million Acres With Black Gold Energy Acquisition


Niko Resources (TSX: NKO) has expanded its operations in Indonesia by acquiring its partner in all projects in that country Black Gold Energy, taking its total interest to 12.1 million acres to make it one of the largest holders of deepwater exploration acreage.

The deal is worth a total C$310 million, which will be financed through the issue of convertible debentures, which will mature in three years and carry a conversion price of C$110.50 per share.

“Niko is attracted to this additional acreage due to its excellent prospectivity, good fiscal terms and proximity to the growing Asian oil and gas market. In addition, the Black Gold team is impressive both in terms of knowledge and technology. Niko will now have an unparalleled platform to add shareholder value by growing in Indonesia and beyond,” said Chairman and Chief Executive of Niko Edward Sampson.

The company has total oil and gas resources of 4.2 MMbbl (million barrels) and 1.68 tcf (trillion cubic feet) respectively, including 3 MMbbl and 1.18 tcf in the proved category.

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