Decklar Resources Inc V.DKL

Alternate Symbol(s): DKLRF

Energy Oil & Gas E&P

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.

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Decklar Resources Inc > Big surprise

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Comment by billythekiddon Jan 03, 2023 10:09pm

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Post# 35201963

RE:Big surprise

We missed 18 months of production with Brent averaging over $100.00 a barrel. Now we taking a 20 percent Haircut in the price. Decklar could have been home and cooled with very little debt but they missed the mark when the commodity price was high. With Brent around $80.00 its still good but they need to increase production and export in the next 3-6 months or they will be treading water. Broken promises deadlines and Dreams the headline for Decklar in 2021 and 2022

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