Mantua Field, Adams Co., MS
NATCHEZ,
Miss., June 25, 2014 /CNW/ - KFG Resources Ltd.
President, Robert
A. Kadane, reported that KFG's wholly-owned
subsidiary, KFG Petroleum Corporation, is running production casing
in its Barnum #2 well to 6,750' to test several Wilcox oil
zones of interest. KFG has a 9% working interest in the well,
reverting to a 20.5% after payout.
LaGrange
Field, Adams Co., MS
The Company is moving in to drill the Craig #3 to 6,600'. The
Craig #1 and #2 wells are producing 120 BOPD from the Second Wilcox
and KFG has a 21.5% working interest in those wells. The Company
has a 10% working interest in the Craig #3, reverting to a 21.5%
interest at payout.
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.