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Decklar Announces Company Director Change

12/08/2021

Decklar Resources announces that Mr. Alan LeBis has resigned his position as a Director of the Company. Mr. LeBis has been instrumental to the early development of Decklar, and the Company thanks him for his valuable input and advice during his tenure as a member of the Board.

The Company is also pleased to announce the appointment of Mr. Bill Foose to the Decklar Board of Directors. Mr. Foose has over 35 years of experience working in the international oil and gas production and processing equipment sector. He held various positions with Barton Instruments before starting OilPro Production Equipment in 1997. OilPro was heavily involved in providing production equipment for domestic and international projects throughout Africa, the Middle East and other oil producing countries. Many of OilPro’s African projects were centered around Nigeria. Mr. Foose previously served on the board of Sunocean Energy.

Duncan Blount, CEO of Decklar, stated 
“As we commence production testing on the Oza-1 well, we are at an exciting transitional point at which the Company becomes an oil producer. Thanks to the infrastructure already in place, the flow test from the Oza-1 well will go directly into the pipeline to the Bonny Export Terminal to generate near-term cash flow. We look forward to ramping up production as we continue towards full field development at the Oza Field. The cash flow from the Oza Field will support Decklar’s strategy of consolidating and re-establishing production of high-margin, proven undeveloped conventional oil fields in Nigeria including the recently announced Asaramatoru field.”

KeyFacts Energy: Decklar Resources Nigeria country profile   l   KeyFacts Energy news: People on the Move

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