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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 Sep 15, 2022 11:28am
146 Views
Post# 34964498

Anonymous sells

Anonymous sellsI just crunched the numbers from Sept1/2021 to Sept1/2022 and House 1 Anonymous has been a NET SELLER of over 13 million shares. Do you think someone had some inside knowledge that Despite the September 2021 Re-entry of Oza 1 that Decklar did not have things in place for Commercial production to start after Well completion ? The Company did not receive a Crude Handling agreement until March 2022 and only started producing from the well in May 2022 with Oil not directly flowing into the Significant infrastructure that they stated in many news releases that was in place but instead Trucking Oil to a pipeline with ups and downs with the well and another re-start this July and currently no reported numbers of barrels sold since May.  I dont think its a coincidence that it sold down from a $1.10 to .28 cents which was one of the initial Private placement prices. Somebody owned alot of shares and was not required to report any sales. The good news is at this price selling is no longer profitable for anyone and if they raise some dough and complete some more well re-entrys with pipeline issues pushed aside this Stock might start to reverse the last yearly Chart. 
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