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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 Jul 25, 2022 1:31pm
178 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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