BNET Industries
Market Cap:$106.8M
Last Fiscal Year Sales:$95.8M
- Public
- CA
Dow Jones Description
Producer of Oil & Gas
Chairman of the Board, President and Chief Executive Officer
Edward S. SampsonNumber of Employees 70
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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Niko Continues to Expand Its Indonesia Exploration Acreage
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Niko Resources acquires Black Gold, partner in Indonesia, for $310 million (Niko-Resources)
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Niko Resources acquires Black Gold in Indonesia
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BRIEF-RESEARCH ALERT-UBS starts WesternZagros, 6 others
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Niko Resources declares three-cent 2Q dividend
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Niko Expands Exploration Acreage in Indonesia
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Niko Resources acquires interest in Qara Dagh production sharing contract
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Niko Resources earns $20.44-million in first quarter
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Niko Reports Results for the Year Ended March 31, 2009
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Niko Resources declares three-cent June dividend
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BRIEF-RESEARCH ALERT-Raymond James cuts Niko Resources to underperform
News & Analysis
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niko resources ltd. - All News and Analysis
Niko Resources Ltd. Announces Filing of Annual Information Form and Reserves Information Disclosure and Also Announces Filing of Annual Financial Disclosure.
CALGARY, ALBERTA, Jun 24, 2009 Marketwire via COMTEX -- Niko Resources Ltd. (TSX:NKO) (the "Corporation") announces that it has filed its annual information form (the "AIF") for its year ended March 31, 2009 on the System for Electronic Document Analysis and Retrieval ("SEDAR"). The...
Niko Resources Quarterly Dividend.
CALGARY, ALBERTA, Jun 18, 2009 Marketwire via COMTEX -- Niko Resources Ltd. (TSX:NKO) declared a first quarter dividend of $0.03 per share. The record date is June 30, 2009 and date of payment is July 15, 2009. SOURCE: Niko Resources Ltd....
Niko Resources Update on D6 Operations.
CALGARY, ALBERTA, May 11, 2009 Marketwire via COMTEX -- Niko Resources Ltd. (TSX:NKO) is pleased to provide the following D6 operations update: PRODUCTION - On April 2, 2009 Niko announced that it had commenced production from the...
Niko Signs Additional Gas Sales Agreements.
CALGARY, ALBERTA, Apr 28, 2009 Marketwire via COMTEX -- In addition to the previously announced fertilizer sector agreements (530 MMcfd), Niko Resources Ltd. (TSX:NKO) is pleased to announce that it and its partner have now signed 11 gas sales agreements (390 MMcf/d) with the...
Niko Resources Quarterly Dividend.
CALGARY, ALBERTA, Apr 8, 2009 Marketwire via COMTEX -- Niko Resources Ltd. (TSX:NKO) declared a fourth quarter dividend of $0.03 per share. The record date is April 20, 2009 and date of payment is April 30, 2009. April 8, 2009 ...
Niko Resources Frees Restricted Cash.
CALGARY, ALBERTA, Apr 6, 2009 Marketwire via COMTEX -- Niko Resources Ltd. (TSX:NKO) is pleased to announce that it has amended its existing credit facility. The amendment will immediately release approximately $40 million to unrestricted cash and allow the Company to use the remaining...
Niko Resources Ltd.: Gas Production Commences From D6.
CALGARY, ALBERTA, Apr 2, 2009 Marketwire via COMTEX -- Niko Resources Ltd. (TSX:NKO) is pleased to announce gas production has commenced from its prolific D6 Block in India. The production comes from the Dhirubhai 1 and 3 gas fields that, at March 31, 2008 had...
Niko Resources Signs 1st Long Term Gas Contracts for D6.
MUMBAI, INDIA, Mar 27, 2009 Marketwire via COMTEX -- Niko Resources Ltd. (TSX:NKO) along with their partner Reliance Industries Limited RIL has signed the Gas Sales and Purchase Agreements GSPA with customers in India's fertilizer sector for supply of natural gas to be produced...
Niko Resources Ltd. to Present at First Energy/Societe Generale Canadian Energy Conference New York, NY USA.(Conference news)
CALGARY, ALBERTA, Mar 6, 2009 Marketwire via COMTEX -- NIKO RESOURCES LTD. (TSX:NKO) will be presenting at the FirstEnergy/Societe Generale Canadian Energy Conference, which takes place March 11th to 13th, 2009, at the Waldorf Astoria Hotel in New York, NY. Mr. Edward Sampson, President...
Enermad Corp. Signs Definitive Agreements for Partnership With Niko Resources on Madagascar Grand Prix Block
ENERMAD CORP. (the "Company") is pleased to announce that the parties have now completed execution of all formal documentation to consummate the partnership between the Company and Niko Resources Ltd. (TSX: NKO) ("Niko") on the Grand Prix Block in Madagascar. Executed agreements include the Farm out Agreement dated October 20,...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Mr William T Hornaday | Chief Operating Officer, Director |
| Murray E Hesje | CFO & Vice President, Finance |
| Richard M. Alexander | CFO & Vice President, Finance |
| William T. Homaday | Coo |
| Brian Adolph | Vice President and Country Manager, Bangladesh |
| Larry Fisher | Vice President and Country Manager, India |
| Mr Keith Rawlinson | Vice President, Exploration |
| Todd Goebel | General Manager India Operations |
| Mark Dantzer | Controller |
| Conrad P. Kathol | Director |
| Mr Jim Cummings | Director |
| Mr Walter DeBoni | Director |
| Wendell W. Robinson | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Edward S. Sampson | Chairman of the Board, President and Chief Executive Officer |
| C.J. Cummings | Board of Directors |
| Robert R. Hobbs | Board of Directors |
Mr. Edward Sampson, has excelled in the field of business management during the past 32 years. He has initiated and managed a series of successful business operations focused primarily on oil and gas exploration and development. Mr. Sampson was instrumental in the growth and development of a number of mid-sized Canadian public companies. He is a director of several other public and private companies.
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Chairman of the Board, President and Chief Executive Officer | Current |
| Niko Resources Limited | Board of Directors | Former |
Mr. William Hornaday, is a professional engineer with 28 years of industry experience. He has worked in North America, India, Indonesia and Australia. Mr. Hornaday has extensive experience in all aspects of operations including project management, production, facilities, drilling and business development. He was previously executive Director & Chief Operating Officer for a successful intermediate size international gas and power generating company.
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Chief Operating Officer, Director | Current |
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | CFO & Vice President, Finance | Current |
| Pearl Energy Limited | Chief Operating Officer | Former |
| Gulf Canada | Vice President | Former |
| Gulf Canada | Controller | Former |
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | CFO & Vice President, Finance | Current |
| Enbridge, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Coo | Current |
| Niko Resources Limited | Board of Directors | Current |
Mr. Brian Adolph, is a professional engineer with over 31 years of industry experience including 15 years internationally. He has worked worldwide including North America, Indonesia, Peru, Hungary, Bangladesh, Myanmar, Australia and New Zealand. He has received a Bachelor of Science (Civil Engineering) degree from the University of Saskatchewan. He has strong managerial, operational and technical skills in developing and optimizing oil and gas projects in an international setting.
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Vice President and Country Manager, Bangladesh | Current |
| Niko Resources Limited | General Manager, Intl Operations | Former |
| University of Saskatchewan | Bachelor of Science (Civil Engineering) | Former |
Mr. Larry Fisher, is a professional engineer with over 31 years experience including 16 years internationally in engineering, operations and management in the petroleum and mining sectors. He has and B. Sc. in Chemical Engineering from the University of Alberta. His international experience has exposed him to many diverse cultures and he has led the international engineering and operating initiatives for a large international oil and gas company.
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Vice President and Country Manager, India | Current |
Mr. Keith Rawlinson, graduated from Queens University with a Bachelor of Applied Science (Engineering) degree. He has over 21 years international exploration and management experience. He has been responsible for new ventures and exploration activities in Southeast Asia, Australasia and South America. His Canadian experience has been primarily in the Mackenzie Delta.
| Organization | Position | Status |
|---|---|---|
| Queens University | Bachelor of Applied Science (Engineering) degree | Former |
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | General Manager India Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Controller | Current |
| Niko Resources Limited | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Board of Directors | Current |
Mr. Conrad Kathol, is an engineering graduate of the University of Alberta and has worked in the oil and gas industry for the past 32 years. He has worked as an exploration geologist in Western Canada and the United States and has a strong background in all aspects of the industry including modern exploration technology, reservoir engineering and economic evaluation.
| Organization | Position | Status |
|---|---|---|
| University of Alberta | Former |
Mr. Jim Cummings, is a native Albertan, who has been involved in the petroleum industry for the past 30 years. He graduated from The University of Alberta with a degree in Law, has practiced in government, corporate and private roles, specializing in international oil and gas law. Jim has served as Senior Counsel with the Attorney General of Alberta in the Constitutional and Energy Law Department, Senior Counsel with Home Oil, Vice-President and General Counsel with Asamera and Bow Valley and was formerly a partner in Donahue and Company. He is currently a partner in International Energy Counsel LLP and a director in a number of private corporations. He is a past Chair of the Association of General Counsel of Alberta and is currently a member of the Steering Committee of the Canadian Chapter of the Association of International Petroleum Negotiators.
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Director | Current |
| Donahue-, Inc. | Partner | Former |
| Organization | Position | Status |
|---|---|---|
| Sterling Resources Ltd. | Chairman and Director of Sterling Resources Ltd. and Chairman and Director | Current |
| Petrowest Energy Services Trust | Board of Directors | Current |
| Niko Resources Limited | Director | Current |
| ARC Resources Ltd. | Director | Current |
| Bow Valley Energy Ltd. | CEO | Former |
| Husky Energy Inc. | Vice President | Former |
| The Petroleum Society | Chairman | Former |
| Sterling Resources Ltd. | Board of Directors | Former |
| University of Calgary | MBA degree with a Major in Finance | Former |
| University of British Columbia | B.A.Sc. Chem | Former |
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Board of Directors | Current |
| TSX Group, Inc. | Former | |
| University of Calgary | post graduate certificate in computer science | Former |
Wendell Robinson, joined Global Environment Fund as Managing Director from Rockefeller & Co. where he was responsible for Rockefeller's worldwide private equity program. Mr. Robinson oversaw the investment and successful sale of more than $300 million in private equity and venture capital positions throughout Southeast Asia, Europe, Latin America and the United States. Mr. Robinson has been the director of numerous corporations, as well as a member of investment advisory boards and investment committees for private investment funds and partnerships in Argentine, Brazil, China, Spain, France and the U.S. Mr. Robinson has over 39 years of experience in domestic and international financial, investment and company management.
| Organization | Position | Status |
|---|---|---|
| Niko Resources Limited | Director | Current |
| Volume | 16,775 |
| Shares Outstanding | 7.9M |
| Market Cap | 106.8M |
| Year High | 14.25 |
| Year Low | 8.48 |
| Earnings Per Share | 0.98 |
| P/E Ratio | 13.7143 |
| Dividend | 0.762 |
| Yield | 5.6696 |
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