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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 > interesting news,
View:
Post by minigoon on Aug 14, 2022 2:06am

interesting news,

We might have a Mini / Mart by the tail !
Comment by lutefish on Aug 14, 2022 9:36am
Think so to ! Floor was 32 ,  then 34 . Now 35 ?
Comment by minigoon on Aug 14, 2022 11:57am
Nigeria's NNPC renews oil contracts to produce 10 bln barrels By Camillus Eboh 2 MIN READ ABUJA, Aug 12 (Reuters) - Nigeria’s state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater blocks that officials said ...more  
Comment by billythekidd on Aug 17, 2022 10:40pm
Nothing has changed much or you would not see 200 thousand shares for sale at 39-40 cents,Management has completed one well re-entry in two years and its only a guess on how much oil is trucked daily.
Comment by minigoon on Aug 18, 2022 10:29am
 There last N/R covers the West field purchase closeing and a part of that was 7 million cash, parties at the table seem to agree to let the well produce at this rate and i would assume then using the cash to pay the 7 mil, time will tell. This well is also capable and ( is,was ) planned to be dual string completed to produce min 3000 boe, ( in past N/R )  The other news was at the ...more  
Comment by billythekidd on Aug 18, 2022 3:53pm
2022 Development plans....... Drill first Development well.... Re-entry and completion of OZA2 and OZA4...... Drilling additional development wells... Installation of central production facility...... We now into the 8th month of 2022. What of the above has management accomplished ?   The Company was to start Re-entry of OZA1 in April of 2021 followed by a Horizontal Development Well ...more  
Comment by nightshaft on Aug 19, 2022 1:42pm
All true Billy, they have no cash and unless they get some type of credit facility this won't end well. Someone said it would be a mini mart but that didn't end well for the share holders either. This is a lack of African experience all the way.
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