Niko carries out G&G study at Bone Bay block

By Bernard Loebs

Canadian firm Niko Resources is currently conducting geological and geophysical (G&G) study at the Bone Bay offshore South Sulawesi to determine its prospect.

Ngatijan, Head of upstream authority SKK Migas Kalimantan and Sulawesi Representative, said that drilling work would be determined based on the results of the G&G study of the block, whose operatorship was taken over from US-based Marathon Oil Corp last year.

Editing by Reiner Simanjuntak