Niko to buy Trinidad player Voyager Energy

Niko Resources Ltd., Calgary, will buy Voyager Energy Ltd., which has interests in Trinidad onshore blocks.

By OGJ editors
HOUSTON, Feb. 8 --
Niko Resources Ltd., Calgary, will buy Voyager Energy Ltd., which has interests in Trinidad onshore blocks. Voyager’s board unanimously approved, and shareholder will be polled in March.

Voyager is a partner in Niko’s 2AB Block in Trinidad. Voyager also holds interests in the Shallow and Deep Horizon Central Range blocks and the Shallow and Deep Horizon Guayaguayare blocks in Trinidad.

Voyager has been successful in obtaining exploration opportunities in Trinidad, where Voyager management has active contacts and experience. Niko also noted that Trinidad provides a climate of political and fiscal stability supported by a government that promotes and encourages the development of the country’s oil and gas industry.

Niko said it will benefit from the addition of Gerold Fong, Voyager president and chief executive officer, a key player in Voyager’s success in the region.

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