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Decklar Resources Inc V.DKL

Alternate Symbol(s):  DKLRF

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 Jul 25, 2022 1:31pm
143 Views
Post# 34848690

volume

volumeWith over 800k traded we trading even for the day. looks like even at this price this stock is not tightly held. The big sellers National, Nesbitt, and Anonymous. Nesbitt used to support the stock but now pounding it off the books and getting rid of the dirty water from Nigeria. Decklar started the OZA 1 well re-entry in September of 2021  and after 10 months its flowing at a low volume start up. Perhaps the big reason that you can trade todays volume with out a 10-20 percent up tick is how slow this Company gets things done despite the wages paid to Blount and Halpin.
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