Oct 9 (Reuters) - Niko Resources Ltd NKO.TO :
* NIKO PROVIDES CORPORATE UPDATE
* NIKO RESOURCES LTD - TO DATE, COMPANY HAS NOT BEEN SUCCESSFUL IN ITS EFFORTS TO SELL ITS INTEREST IN D6 BLOCK IN INDIA
* NIKO RESOURCES LTD - COMPANY ELECTED NOT TO PAY A D6 BLOCK CASH CALL THAT WAS DUE
* NIKO RESOURCES - CO NOT SUCCESSFUL IN SECURING FINANCING FOR FUNDING OF ITS SHARE OF R-CLUSTER, SATELLITE CLUSTER, MJ DEVELOPMENT PROJECTS IN D6 BLOCK
* NIKO RESOURCES - RECEIPT OF DEFAULT NOTICE FROM OPERATOR OF D6 PSC TO RESULT IN EVENT OF DEFAULT UNLESS DEFAULT UNDER D6 JOA CURED WITHIN 10 DAYS
* NIKO RESOURCES - IF DEFAULT NOTICE IS RECEIVED FROM OPERATOR OF D6 PSC, CO INTENDS TO THEN REQUEST LENDERS WAIVE SUCH DEFAULT