KFG Resources Ltd. (KFG)

[JonnyRBuck12]

KFG Resources working on Barnum No. 4 well completion

2015-10-19 07:40 MT - News Release

Mr. Robert Kadane reports

KFG COMPLETING BARNUM #4, ADAMS COUNTY, MISSISSIPPI

KFG Resources Ltd.'s subsidiary, KFG Petroleum, and its partners have logged and cored several oil zones in its Barnum No. 4 well. Production casing is being run to 6,500 feet for a completion attempt. KFG has a 9.19-per-cent working interest in the well, increasing to 21.6 per cent if the project pays out.

Completion operations are proceeding on the company's previously announced Drouet Poole Estate No. 1 and Stockfelt No. 1 wells. In addition, a location has been staked for the Drouet Poole Estate No. 2 well, which is to be drilled within the next 30 days.

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