Stock Quote: NKO | TSX: $2.01   0.02

Jul 29, 2014 @ 15:59 ET

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The twin Caribbean islands of Trinidad and Tobago form part of the prolific Eastern Venezuela Basin. To date the country has produced over 2 billion barrels of oil, has substantial offshore gas reserves and is the largest exporter of LNG to the United States. With much of the country’s basins under explored and the potential for significant oil and gas discoveries, Niko considers Trinidad to fit well into its strategy of pursuing high impact plays.