Niko says it has option to increase stake in three RIL blocks

A day after Reliance Industries Ltd announced sale of 30 per cent interest in its 23 oil and gas blocks, Canada-based Niko Resources, RIL’s partner in three fields — D6, NEC 25 and D4 — on Tuesday said it has the option to increase its stake in the fields by up to 30 per cent from current working percentages.
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Source: Business Standard