Niko Experiences Large Increases in Its Working Interest Reserves and Contingent and Prospective Resources

From: CCNMatthews Newswire | Date: June 27, 2006 | Copyright information

CALGARY, ALBERTA--(CCNMatthews - June 27, 2006) - Niko Resources Ltd. (TSX:NKO) reports results for the three and twelve months ended March 31, 2006.

Reserves and Resources Update and Fourth Quarter Highlights

- Over 100 percent increase in working interest proved reserves and low es timate contingent and prospective resources

- A 120 percent increase in working interest proved plus probable reserves and best estimate contingent and prospective resources

- Nearly 200 percent increase in working interest proved plus probable plus possible reserves and high estimate contingent prospective ...

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