Niko Resources is engaged in the exploration for, and the development and production of, natural gas and oil in the countries of India, where it holds interest in three onshore and three offshore blocks, Bangladesh, where it holds interests in three onshore blocks, Pakistan, where it holds interests in four offshore blocks and Kurdistan, where it holds an interest in one onshore block. Co. also has minor interests in oil and gas properties in Canada. As of Mar. 31 2011, net proven reserves for Co.'s light and medium crude oil, natural gas and natural gas liquids were 123 thousand barrels, 573,719 million cubic feet and 1,460 thousand barrels, respectively.
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