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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

Comment by billythekiddon Aug 18, 2022 3:53pm
115 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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