Decklar Resources Inc. Stock Analysis DKL.V

Decklar Resources, Inc. engages in the provision of technical and financial support to companies involved in the exploration and development of oil and gas properties. The company is headquartered in Calgary, Alberta. The company went IPO on 2004-04-22. The firm is focused on low-risk appraisal and development opportunities in the West African region. The firm 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.