Bullboard - Stock Discussion Forum 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... see more

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Decklar Resources Inc > This answers Thursday and Fridays strange trading bid/ask's

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Post by minigoon on Oct 22, 2022 5:57pm

This answers Thursday and Fridays strange trading bid/ask's

- mid last week
" Shell resumes oil flows from Key Nigerian Terminal "
- after (months) long pause
- resumption of oil flowing into Forcados for export could lead to a sharp increase of Nigerias exports

Decklar and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) are pleased to announce that the 7,800 barrels of crude oil (“bbls”) previously delivered to the Umugini Pipeline Infrastructure Limited crude handling facilities has now been delivered to the Forcados crude oil export terminal. The 7,800 bbls are ready for export pending the completion of certain repairs to the offshore loading system. In the meantime, an additional 30,000 bbls has been produced from the Oza Oil Field and is currently being stored in tanks at the Oza-1 wellsite. These 30,000 bbls will be the initial barrels transported to the new export facilities, as detailed below. Once part of this crude has been shipped from the Oza Oil Field tanks, the Oza-1 well will be brought back onto production, with the ultimate goal being the provision of a stable, ongoing supply of crude oil into new alternative export facilities.

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