KFG Resources Ltd. (KFG)

[JonnyRBuck12]

KFG Franklin well approval

I just found the Mississippi website that takes all well applications and either approves/denies them. Shows that KFG's first Franklin well has been approved and will likely be announced in the next update once the drill rig is in place. So expectto see that soon. On Page 7 as of June 18th 2014:

262-2014-D BOOKER BRANCH FIELD - Franklin County.
Petition of KFG Petroleum Corporation, requesting the Board to integrate all
interests in a 40-acre oil unit, situated in Section 20, Township 7 North, Range 3
East, to drill the Seale No. 1 Well, to a depth of 4,500' test Wilcox Formation and all
other formations and pools that may be encountered at a regular location.

Approved

http://www.ogb.state.ms.us/decisions/2014%20Final%20Decisions/20140618.Docket%20Decisions.pdf