Trinidad and Tobago

Niko Resources Ltd., Calgary, obtained a 26% interest from Centrica PLC and becomes operator of Block 2AB off Trinidad and Tobago, its first block in the country.

By OGJ editors
HOUSTON, July 10
– Niko Resources Ltd., Calgary, obtained a 26% interest from Centrica PLC and becomes operator of Block 2AB off Trinidad and Tobago, its first block in the country.

The block covers 1,605 sq km near giant Angostura oil and gas-condensate field off northeastern Trinidad. Angostura is in 130 ft of water.

Other interests in Block 2AB are Centrica 29.25%, Voyager Energy 9.75%, and Petroleum Co. of Trinidad and Tobago 35%.

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