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KFG KFG Resources Ltd

0.025
0.00 (0.00%)
30 Apr 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 01:00:00

KFG Reopens Production At Springfield

23/09/2015 6:56pm

PR Newswire (Canada)


KFG Resources (TSXV:KFG)
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NATCHEZ, Miss., Sept. 23, 2015 /CNW/ -- KFG Resources Ltd.'s President, Robert A. Kadane, reported that the Company's subsidiary, KFG Petroleum Corporation has logged and cored nine feet of oil sand from 4,393' to 4,402' in the Third Wilcox Sand.  Production casing has been cemented to 4,600'.  KFG has a 13% working interest in the well, the Stockfelt Unit #1, reverting to a 20.25% working interest at payout.  The Company will report initial production tests when available.

KFG's previously announced Drouet Pool Estate well in Franklin County, Mississippi, is being completed at present and a report on initial production should be available next week.  Also, KFG has staked location for its Barnum #4 well in Adams County, Mississippi and will be moving in a rig to drill the well to 6,800' in approximately three weeks.

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 2015 Canada NewsWire

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