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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 lutefishon Feb 26, 2023 2:22pm
51 Views
Post# 35305945

RE:RE:just thinking out loud !

RE:RE:just thinking out loud !Sold my position several months ago  at a big loss :-(

This is reported from th Nigerian National  Petroleum Company :

 From NNPC estimates, about 700million dollar worth of crude oil is lost to oil theft monthly. Between January and July 2022, Nigeria lost 10 billion Dollars to this crime and this is equivalent to 4.3trillion Naira (at N430 official exchange rate to the dollar) which is more than fifty percent of Nigeria’s Foreign Reserves. 

DKL oil is probably loaded on trucks never to be seen again !
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