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Decklar Resources Inc DKLRF


Primary Symbol: V.DKL

Decklar Resources Inc. is an independent international oil and gas company. The Company’s principal business activities are providing funding and technical advisory services to companies involved in the exploration and development of oil and gas properties in Nigeria. The Company is developing three fields, all located in Nigeria, including the Oza and Asaramatoru Fields located onshore in Oil Mining Lease (OML) 11 and the Emohua Field located nearby in OML 22. The Oza Field is an onshore conventional oil field, on dry terrain, in the northwestern part of Oil Mining Lease (OML) 11, approximately 30 kilometers (km) southwest of Port Harcourt, which is part of the Abia State in Nigeria. The Asaramatoru Field is located onshore in the shallow swamp in the southern part of Oil Mining License (OML) 11 in Nigeria. The Emohua Field is situated approximately six km west of the city of Port Harcourt in Rivers State and approximately 30 km west of the Oza Field.


TSXV:DKL - Post by User

Post by billythekiddon Sep 15, 2022 11:28am
130 Views
Post# 34964498

Anonymous sells

Anonymous sellsI just crunched the numbers from Sept1/2021 to Sept1/2022 and House 1 Anonymous has been a NET SELLER of over 13 million shares. Do you think someone had some inside knowledge that Despite the September 2021 Re-entry of Oza 1 that Decklar did not have things in place for Commercial production to start after Well completion ? The Company did not receive a Crude Handling agreement until March 2022 and only started producing from the well in May 2022 with Oil not directly flowing into the Significant infrastructure that they stated in many news releases that was in place but instead Trucking Oil to a pipeline with ups and downs with the well and another re-start this July and currently no reported numbers of barrels sold since May.  I dont think its a coincidence that it sold down from a $1.10 to .28 cents which was one of the initial Private placement prices. Somebody owned alot of shares and was not required to report any sales. The good news is at this price selling is no longer profitable for anyone and if they raise some dough and complete some more well re-entrys with pipeline issues pushed aside this Stock might start to reverse the last yearly Chart. 
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