By Moses Patience Chat
Decklar Resources Incorporated and its co-venturer, Millenium Oil and Gas Company Limited, have stepped up trucking of crude oil from the Oza Oil Field to the Edo Refinery and Petrochemicals Company Limited (ERPC).
The Company said this in a statement issued to journalists, where it also revealed that deliveries have now exceeded a total of 55,000 barrels of crude oil.
It added that trucking of crude oil from the Oza Oil Field to the ERPC facility in Edo State has reached a cumulative volume of over 55,000 barrels, with 10,000 barrels delivered in 2022 under the initial sale and purchase agreement and over 45,000 barrels delivered so far in 2023.
The Company further noted that the delivery of crude oil has continued from the Oza Oil Field to DMCL in Edo State, and that over 8,700 barrels have been delivered till date. DMCL has agreed to purchase up to 100,000 barrels over the next 12 months.
