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KFG KFG Resources Ltd

0.025
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
KFG Resources Ltd TSXV:KFG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.025 0.025 0.03 0 00:00:00

KFG Operations Update

20/09/2018 2:30pm

PR Newswire (Canada)


KFG Resources (TSXV:KFG)
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From Dec 2019 to Dec 2024

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NATCHEZ, Miss., Sept. 20, 2018 /CNW/ -- Robert A. Kadane, President of KFG Resources Ltd., reported today that the Company's subsidiary, KFG Petroleum Corp., Natchez, MS, is moving in and rigging up to drill the Barnum #5 well.  It is a 6400' Wilcox test.  The Company's working interest is 22.5% (16.875% NRI).

In addition, KFG's Craig #2 paid out effective September 1, 2018.  KFG's working interest increased from 11% to 22.5%.  Also, to clarify an item in the news release dated September 10, 2018, the capital being raised for the Company's Graham, Texas venture is being raised from oil industry partners, not a private placement stock offering.

The Company's common shares are listed on the TSX, Venture Exchange, Vancouver, B.C. Trading symbol "KFG".

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

SOURCE KFG Resources Ltd.

Copyright 2018 Canada NewsWire

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