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Bullboard - Stock Discussion Forum 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... see more

TSXV:DKL - Post Discussion

Decklar Resources Inc > Company's market cap is now 10 percent in cash
View:
Post by frankman on Nov 12, 2021 2:37pm

Company's market cap is now 10 percent in cash

Before any oil revenues.
Comment by billythekidd on Nov 12, 2021 11:36pm
Its not all bad when you compare from a year ago when we traded at .30 cents. Since that time we have added participation in two new fields and Reworked Oza 1 to produce Oil from two zones and Gas from another. We get the well flowing at 2000 barrels @ day and skid over for the Horizontal we will be back trading over $ 1.25. The price of Oil has to be a huge catalyst for positive cash flow. If Oza ...more  
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