Decklar Resources Inc. is pleased to announce an update to operations at the Oza-1 well re-entry at the Oza Oil Field in Nigeria through the Company's wholly-owned Nigeria-based subsidiary, Decklar Petroleum Limited. Oza-1 Re-entry Decklar continues to make considerable progress on the Oza-1 well re-entry with the camp and all associated [...]
Decklar Resources Inc. is pleased to announce that it has completed a first closing of the Company's previously announced unit offering for total gross proceeds of approximately CAD $10,000,000. Funds from this financing will be used to pursue new oil and gas development opportunities in Nigeria and for general corporate purposes. The Company is [...]
Decklar Resources Inc. announces that it is proposing to complete a non-brokered financing to raise gross proceeds of up to $15,000,000 by way of a unit offering at a price of $1.00 per unit , with each Unit consisting of one common share of Decklar and one-half common share purchase warrant . Each Warrant will entitle the holder thereof to acquire [...]
Drilling rig for re-entry and testing operations has been contracted, with mobilization anticipated to commence next week. Camp and logistics equipment required for Oza-1 well re-entry is currently being staged on site. Long lead equipment items required to test and complete the Oza-1 well re-entry have been ordered and service contractors have [...]
Decklar Resources Inc. is pleased to announce that all resolutions presented before the Company's shareholders at the Annual & Special Meeting held today, including Board membership, appointment of auditors, and the approval of the continuance of the Company's stock option plan, were passed. Additionally, the Company has appointed Denis Poelzer to [...]
Decklar Resources Inc. is pleased to announce that it has completed a second and final closing of the Company's previously announced private placement financing. The total gross proceeds raised by the private placement is CAD $4,722,400 and funds from this financing will be used to immediately advance operational activities to re-enter the Oza-1 [...]
Decklar Resources Inc. is pleased to announce that it has completed a first closing of the Company's previously announced private placement financing for a total of CAD $3,995,600. Funds from this financing will be used to immediately advance operational activities to re-enter the Oza-1 well at the Oza Oil Field in Nigeria and for general corporate [...]
Decklar Resources Inc. is pleased to announce that a private placement financing for a total of approximately CAD $4 million is in the final stages of completion that will enable the Company to immediately advance operational activities to re-enter the Oza-1 well at the Oza Oil Field in Nigeria. Closing of this private placement is expected to [...]
Decklar Resources Inc. is pleased to provide an update to previously announced funding arrangements by its wholly-owned Nigeria-based subsidiary, Decklar Petroleum Limited, to develop the Oza Oil Field in Nigeria. When fully disbursed, these funds are expected to be sufficient to re-establish oil production and provide development funding for the [...]
Decklar Resources Inc. announces that further to its press releases dated August 31, September 30, 2020, November 2, 2020, and November 23, 2020 regarding the Subscription Agreement entered into with a subsidiary of San Leon Energy Plc, the parties have agreed to extend the completion date to early in the new year in order to finalize certain [...]
Decklar Resources Inc. announces that it has entered into an amending agreement regarding its option to acquire a 75% interest in the Holt Claims from Island Time Exploration Limited , such that the remaining $50,000 cash payment still owing by the Company to ITE will be settled through the issuance of 175,000 common shares of the Company, and the [...]
Decklar Resources Inc. announces that further to its press releases dated August 31, September 30, 2020 and November 2, 2020 regarding the Subscription Agreement entered into with a subsidiary of San Leon Energy Plc, the parties have agreed to an extension until December 14, 2020 in order to finalize certain conditions precedent in the Subscription [...]