Decklar Resources Inc. and its co-venturer Millenium provided 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. The Oza-1 well is currently producing approximately 900 bopd of 22 API crude oil on a 20/64 inch choke with wellhead pressure of 400 psi and 2.5% BS&W. Following successful minor repairs, the Oza-4 well has been opened and restarted with current production averaging approximately 400 bopd on a 24/64 inch choke at wellhead pressure of 1,300 psi with 0.01% BS&W. Trucking of oil from the Oza Field is ongoing to the ERPC facility in Edo State, Nigeria.

Ten trucks are currently in operation and are capable of delivering approximately 2,500 bbls every four days. Additional trucks are expected to be contracted over the next few weeks to increase delivery capacity.