Question : GAS DISCOVERY BY NIKO RESOURCES LIMITED IN GUJARAT



(a) whether a Canadian Company Niko Resources Limited has made recovery of gas at an onland block near Surat in Gujarat; and

(b) if so, the estimated quantity of Gas in this newly discovered block?

Answer given by the minister

MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI SANTOSH KUMAR GANGWAR)

(a) & (b) : Niko Resources Limited (Niko), Canada, the sole holder and operator, has reported discovery of gas in four wells in an onland block CB-ONN-2000/2 situated in the State of Gujarat and awarded under the second round of the New Exploration Licensing Policy(NELP). Niko has also intimated preliminary reserve estimates of gas to be of the order of 7.2 Billion Cubic Feet for the well Bheema-1.