Decklar Resources Inc V.DKL

Alternate Symbol(s): DKLRF

Energy Oil & Gas E&P

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.

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Decklar Resources Inc > Black oil still flowing through the TNP ?

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Comment by billythekiddon Jan 24, 2024 1:33pm

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Post# 35843358

RE:RE:RE:RE:RE:RE:RE:Black oil still flowing through the TNP ?

Just looking at the latest financials and burn rate that they need a run of around 30000 barrels sold per month at netbacks aroung 50.00 @ barrel would generate around 1.5 million in cash flow and over six months that would position them in a better place.

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