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Decklar Resources Inc V.DKL

Alternate Symbol(s):  DKLRF

Decklar Resources Inc. is a Canada-based independent international oil and gas company. The Company is focused on low-risk appraisal and development opportunities in the West African region. The Company is progressing operations at its Oza Field, which it holds its interest through a risk services agreement (RSA) with Millenium Oil and Gas Company Limited. Oza is located onshore in the northern part of Oil Mining Lease (OML) 11 in Nigeria's Eastern Niger Delta (Abia State). Its Asaramatoru Field is located onshore in the shallow swamp in the southern part of OML 11 in Nigeria, which is located about 40 kilometers (km) south of the Oza Field. The Asaramatoru Field is located in mangrove forested terrain. Its Emohua Field is located onshore on dry terrain in the southeastern part of OML 22 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 Jun 09, 2022 12:10am
356 Views
Post# 34742519

30 days and counting

30 days and countingIts been a month since they commenced Trucking Oil from Oza and no word if they have reached the 5000 barrel level before OZA 1 was to be producing again. If they have not yet reached the number whats going on ????   They talked about new development wells for the OZA field but they also had that out lined since last Summer. How much OIL have we sold and how many barrels do you expect to truck on a daily basis ????  Looks like the share price dropping to do funding at 40-50 cents and thats a shame based on the price of Brent Crude. Oza 1 was to flow 1500 bopd into a pipeline that had the infrastructure already in place. The well re-entry was completed roughly 220 days ago. We should have shipped over 300,000 barrels by now and a month ago they released news about getting 5000 barrels trucked. With 300,000 barrels shipped at a net back of even $50.00 they should have had 16 million in the kitty instead of more dilution coming. If you cant get it done for f sakes punt the Ball.
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