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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 Sep 23, 2023 9:13pm
155 Views
Post# 35650967

RE:No surprise here.

RE:No surprise here.Weak news releases and Weak Management. That guy Sanmi who replaced Duncan Blount about a year ago what has he brought to the table? With Oil sales at a dismal percentage of what could be produced daily and no solution month after month it is a epic failure. The Company is paying out big numbers in consulting fees based on the small scope of one or at times two producing wells.San Leon would not finance bigger dollars and Shell has conditions on additional financing that has not been met in over a year.  I also heard rumours that the oil delivered via the Umugini pipeline to the Forcados terminal that payment was never collected or payment went possibly to a third party.
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