Styles P is an original member of The Lox (alongside Sheek Louch and Jadakiss), the Yonkers-based group who were at one time the backbone of Sean "Puffy" Combs' Bad Boy label. Hired as writers, the trio wrote and performed on Comb's "I Got The Power," and "It's All About the Benjamins," Mase's "24 Hrs. to Live," the Notorious B.I.G.'s "Last Day," Mary J. Blige's "Can't Get You Off My Mind," and many others. The Lox released their debut album, "Money, Power & Respect" in 1998 -- it reached #3 on the Billboard Top 200 Charts. To date, The Lox has sold 1.7 million albums. Styles P is one of rap's most highly respected lyricists, has created some of the hardest, lyrically driven hip-hop anthems around. Styles also shares Co-CEO duties for D-Block Records, the label created by Styles and lifelong friends, Sheek Louch and Jadakiss.

Styles released his debut solo album in 2002 titled "A Gangster and a Gentleman," which featured the smash hit, "Good Times (I Get High)" and sold an impressive 700,000 units. In 2005, he released two stand-alone mixtapes, "Ghost in the Shell" and "Ghost in the Machine." In 2006 Interscope released P's sophomore solo effort "Time Is Money" after nearly a three and a half year delay. Last year, Styles released "Super Gangster (Extraordinary Gentleman)" which featured "Blow Your Mind."

Whether a part of the triple threat The LOX or as a solo artist, Styles' razor sharp, slick talk has created a cult-like following by his countless fans within the hip-hop and gangsta rap community.

In additional D-Block related news, a new mixtape by Sheek Louch, "Extinction: Last of a Dying Breed," will also be released on November 25th, 2008. Additional info will follow shortly.

For more information, please visit the newly re-launched KOCH Records website, reacheable at www.kochrecords.com.

About KOCH Entertainment

KOCH Entertainment, founded in 1987 and now in its twenty-second year, is the leading and fastest-growing independent music company in the U.S. KOCH's operations encompass record and video labels, music publishing as well as distribution companies in the U.S. and Canada. KOCH Entertainment is the market leader among independent labels and distributors in both the U.S. and Canada. Its record label KOCH Records is the # 1 independent label in the U.S. and had the largest number of Billboard charting albums among independents for seven years in a row (2001 - 2007). KOCH Entertainment is a subsidiary of Entertainment One Ltd. which is listed on the London Stock Exchange's AIM market (ticker symbol "ETO.L").

For more information, contact:
Giovanna Melchiorre
212-353-8800x257
Email Contact

SOURCE: KOCH Records

http://www2.marketwire.com/mw/emailprcntct?id=943A1EEA64D7FB97

- The field produces sweet crude of 42 degrees API which can be processed by any refinery in the country.

- From the time of its discovery, commencement of production of oil in the MA field in just over two years making it one of the fastest green-field deep water oil development projects in the world.

- This production has been achieved against challenges like difficult ocean conditions, lack of adequate sub-sea data, low sea bed temperature (5 degrees C), severe supply chain constraints and shortage of technical manpower. The KG-D6 block is located in the Bay of Bengal at a water depth of 8,000 feet and 50 kilometres from the nearest coast of Kakinada in the state of Andhra Pradesh.

- The first vessel of its kind in Indian waters, the Dhirubhai-1 FPSO has the capability to operate in water depths of greater than 1,200 metres with features that can help withstand harsh sea environment. The dis-connectable Turret Mooring System; Insulated Manifold and short flexible Flow Lines are some of the state-of-the-art features that can ensure production of crude oil despite the tough weather conditions on the East Coast of India.

The KG-D6 block in Krishna Godavari basin was awarded to Niko and RIL under NELP-I and Niko Resources Limited holds 10% participating interest in the block.

Certain statements in this press release are forward-looking statements. Specifically, this press release contains forward-looking statements relating to management's approach to operations, estimates of future sales, production and deliveries, business plans for drilling and development, estimated amounts and timing of capital expenditures, anticipated operating costs, royalty rates, cash flows, transportation plans and capacity, anticipated access to infrastructure or other expectations, beliefs, plans, goals, objectives, assumptions and statements about future events or performance. The reader is cautioned that the assumptions used in the preparation of such information, although considered reasonable by Niko at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Such factors include, but are not limited to: general economic, market and business conditions; industry capacity; competitive action by other companies; fluctuations in oil and gas prices; the results of exploration and development drilling and related activities; the uncertainty of estimates and projections relating to productions, costs and expenses; uncertainties as to the availability and cost of financing; fluctuations in currency exchange rates; the imprecision in reserve estimates; risks associated with oil and gas operations, such as operational risks in exploring for, developing and producing crude oil and natural gas; risks and uncertainties involving geology of oil and gas deposits; the weather in the Company's area of operations; the ability of suppliers to meet commitments; changes in environmental and other regulations; actions by governmental authorities including changes in laws and increases in taxes; decisions or approvals of administrative tribunals; risks in conducting foreign operations (for example, political and fiscal instability or the possibility of civil unrest or military action in countries such as India, Bangladesh, Pakistan, Iraq and Madagascar); the effect of acts of, or actions against international terrorism; and other factors, many of which are beyond the control of Niko. There is no representation by Niko that the actual results achieved during the forecast period will be the same in whole or in part as that forecast.

SOURCE: Niko Resources Ltd.

Niko Resources Ltd.
Edward S. Sampson
Chairman of the Board, President & CEO
(403) 262-1020
Niko Resources Ltd.
Murray Hesje
VP Finance & CFO
(403) 262-1020
Website: www.nikoresources.com.

"From these two fields, gas production will reach 80 mmscmd in next 6-8 quarters," he said. Another 9 mmscmd gas would be produced from the MA oil field in the same block.

Reliance is investing US$5.2 billion in developing Dhirubhai-1 and 3 discoveries that will start producing 15-20 mmscmd gas in Q1 2009 and 40 mmscmd by mid-2009. This level of investment would give peak output for 2-3 years and so the firm would invest another US$3.5 billion to keep output from the two fields at plateau for 7-8 years.

"The additional investment will be for drilling more wells and putting up a compression platform needed to sustain peak output of 80 mmscmd," Prasad said. "The life of the field is 10-12 years of which plateau would last 7-8 years."

The firm has submitted development plan for eight other fields adjoining Dhirubhai-1 and 3, to the oil regulator for approval. The fields would produce an additional 25 mmscmd.

Reliance last week started producing oil from the MA field and output is expected to reach 20,000 barrels per day in one month from current 5,500 bpd. Gas flowing along with the oil is currently being re-injected into the wells and this gas would flow together with Dhirubhai-1 and 3 gas.

Peak oil output of 40,000 bpd from MA would be achieved in 6-8 quarters, Prasad said.

(PTI)

"This is common global practice and would enable the company to enhance its financial flexibility as the company builds its E&P portfolio," the company's spokesperson said.

RIL is developing the offshore gas field known as Block KG-DWN-98/3 (KG D6) in the Krishna Godavari Basin and holds a 90 percent interest and Canada's Niko Resources Ltd. holds a 10 percent.

On August 14, Niko said the Dhirubhai 1 and 3 discoveries in D6 block of the Krishna Godavri Basin, off the east coast of India, are expected to start producing gas during the third quarter of 2008.

RIL shares ended 2.30 percent lower at 2,179.65 rupees on the Bombay Stock Exchange while the benchmark Sensex closed 0.22 percent higher at 14,482.22. TFN.newsdesk@thomson.com ndi/alo/ms1

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