ERPC

Decklar Announces Approval of Export Permit and Updates Oil Delivery Operations

Retrieved on: 
Friday, November 17, 2023
Sale, FSE, DKL, Forçados, Millennium, DMCL, ERPC, Military Professional Resources Inc., Vandalism, Shell Nigeria, TNP, Oil

Decklar and Millenium have received four of the five permits required to commence exports through the Trans-Niger Pipeline (“TNP”) and the Bonny Export Terminal.

Key Points: 
  • Decklar and Millenium have received four of the five permits required to commence exports through the Trans-Niger Pipeline (“TNP”) and the Bonny Export Terminal.
  • CALGARY, Alberta, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Decklar Resources Inc. (TSX-V: DKL) (OTCQX: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) and its co-venturer Millenium are pleased to announce receipt of necessary permits required to sell and export crude oil from the Oza Oil Field and to provide updates regarding crude oil trucking operations and progress re-establishing pipeline access at the Oza Oil Field in Nigeria.
  • Decklar and Millenium have obtained necessary permits required to sell and export crude oil from the Oza Oil Field, including the approximately 8,000 bbls previously delivered to UPIL and held in storage at the Forcados export terminal tank farm.
  • Sanmi Famuyide, CEO of Decklar Resources, said, “We are very pleased to have received the export permit that will now enable Decklar and Millenium to export and sell the crude oil we have in storage at the Forcados terminal and to export crude oil shortly after we start delivering through the TNP and Bonny terminal.

Decklar Updates Crude Oil Trucking Operations and Sales at the Oza Oil Field

Retrieved on: 
Tuesday, April 4, 2023
DKL, Duport, FSE, Sale, DMCL, Military Professional Resources Inc., Millennium, Oil, ERPC

Decklar Resources Inc. (“Decklar”) and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) are pleased to announce that trucking of crude oil from the Oza Oil Field to the Edo Refinery and Petrochemicals Company Limited (“ERPC”) has continued steadily, and total deliveries have now exceeded 27,000 barrels of crude oil (“bbls”) under the 30,000 bbls crude sale agreement.

Key Points: 
  • Decklar Resources Inc. (“Decklar”) and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) are pleased to announce that trucking of crude oil from the Oza Oil Field to the Edo Refinery and Petrochemicals Company Limited (“ERPC”) has continued steadily, and total deliveries have now exceeded 27,000 barrels of crude oil (“bbls”) under the 30,000 bbls crude sale agreement.
  • Decklar and Millenium now have a total of 30 trucks contracted and permitted to deliver crude oil from the Oza Oil Field to ERPC and to DMCL.
  • CALGARY, Alberta, April 04, 2023 (GLOBE NEWSWIRE) -- Decklar Resources Inc. (TSX-V: DKL) (OTCQX: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) and its co-venturer Millenium are pleased to provide updates regarding crude oil delivery operations at the Oza Oil Field in Nigeria.
  • This agreement adds a new customer for the sale of crude oil from the Oza Oil Field and gives Decklar and Millenium an expanded base to deliver and sell additional crude oil volume.

Decklar Adds 50,000 Barrels to Crude Oil Sales Agreement and Updates Oil Delivery Operations

Retrieved on: 
Wednesday, March 15, 2023
FSE, Sale, DKL, Millennium, Oza, Forçados, Independent Natural Resources, Inc, Oil, ERPC

Trucking of crude oil has continued from the Oza Oil Field to the ERPC refinery, and total deliveries to ERPC have passed the 20,000 bbl mark under the 30,000 bbls crude sale agreement.

Key Points: 
  • Trucking of crude oil has continued from the Oza Oil Field to the ERPC refinery, and total deliveries to ERPC have passed the 20,000 bbl mark under the 30,000 bbls crude sale agreement.
  • CALGARY, Alberta, March 15, 2023 (GLOBE NEWSWIRE) -- Decklar Resources Inc. (TSX-V: DKL) (OTCQX: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) and its co-venturer Millenium are pleased to announce execution of an addendum to the recent crude oil sale and purchase agreement and to provide updates regarding crude oil delivery operations at the Oza Oil Field in Nigeria.
  • Payments for delivery of crude oil continue to be received per the terms of the 30,000 bbls sales agreement as each 5,000 bbl batch is invoiced.
  • This arrangement further develops the relationship between the companies and enables Decklar to continue to produce and deliver substantial volumes of crude oil from the Oza Oil Field.

Decklar Executes Sale Agreement For 150,000 Barrels of Crude Oil, Signs Crude Oil Sale Agreement With New Buyer, and Updates Oil Delivery Operations at The Oza Oil Field

Retrieved on: 
Wednesday, March 1, 2023
Millennium, FSE, Duport, DKL, Independent Natural Resources, Inc, Sale, DMCL, Oil, ERPC

Trucking of crude oil has continued from the Oza Field to the ERPC refinery, and another delivery of 5,000 bbls to ERPC has been completed, for a total of approximately 17,000 bbls delivered under the 30,000 bbls crude sale agreement.

Key Points: 
  • Trucking of crude oil has continued from the Oza Field to the ERPC refinery, and another delivery of 5,000 bbls to ERPC has been completed, for a total of approximately 17,000 bbls delivered under the 30,000 bbls crude sale agreement.
  • CALGARY, Alberta, March 01, 2023 (GLOBE NEWSWIRE) -- Decklar Resources Inc. (TSX-V: DKL) (OTCQX: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) and its co-venturer Millenium are pleased to announce execution of additional crude oil sale and purchase agreements and to provide updates regarding crude oil delivery operations at the Oza Oil Field in Nigeria.
  • This agreement expands the customer base for the sale of crude oil from the Oza Oil Field and gives Decklar and Millenium an alternate delivery location for additional volume.
  • We are also happy to announce the new crude oil sale and purchase agreement with DMCL, which creates a relationship to deliver crude oil from the Oza field to a new customer.

Decklar Resources Inc. Updates Oil Production and Delivery Operations at the Oza Oil Field

Retrieved on: 
Thursday, January 19, 2023
API, FSE, Pressure, ERPC, DKL, Millennium, Sale, Oil

Decklar and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) have received the first payment for the sale of crude oil from the Oza Oil Field since recommencement of operations.

Key Points: 
  • Decklar and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) have received the first payment for the sale of crude oil from the Oza Oil Field since recommencement of operations.
  • Trucking of oil has continued from the Oza Field to the Edo Refinery and Petrochemicals Company Limited (“ERPC”) in Edo State, Nigeria.
  • CALGARY, Alberta, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Decklar Resources Inc. (TSX-V: DKL) (OTCQX: DKLRF) (FSE: A1U1) (the “Company” or “Decklar”) and its co-venturer Millenium are pleased to provide updates regarding oil production and delivery operations at the Oza Oil Field in Nigeria.
  • Decklar and Millenium have recommenced production from the Oza Oil Field at a total production rate of approximately 1,300 bopd.