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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

Comment by billythekiddon Aug 18, 2022 3:53pm
95 Views
Post# 34905639

RE:RE:RE:interesting news,

RE:RE:RE:interesting news, 2022 Development plans....... Drill first Development well.... Re-entry and completion of OZA2 and OZA4...... Drilling additional development wells... Installation of central production facility...... We now into the 8th month of 2022. What of the above has management accomplished ?   The Company was to start Re-entry of OZA1 in April of 2021 followed by a Horizontal Development Well.  Its like a year and a half later and we have not seen a monthly production report from OZA1. The price of Brent Crude has been between $80.00 - $120.00 for the past 8 months. We should have had big cash flow monthly but they a year behind in exploration. The share price cann not break .40 cents as a result and a certain seller is still making money trading this under that price. 
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