KFG Resources Ltd. (KFG)

[JonnyRBuck12]

I have no idea what Rob Kadane's end game plan is. I would think once we get to 400bopd+ that he might want to sell the company to some of the operators down there but who knows. Given his history of two companies sold in the past, this is the likely outcome. Just couldn't give you a time frame.

All I can say is that were finally on a growing streak right now and I have been watching KFG for several years. With all these new oil finds and the support of the farm-in partners paying pretty much all the costs on each well, we are in good hands. Just have to sit back and watch the production accumulate.

Right now were at 160-170bopd, I think after the Barnum well is completed and pays out, along with Craig 3 we will be doing 200bopd. I would guess year end(December) exit production rate to be around 230bopd since we have a couple more wells to drill between now and then.

Looking forward to year end results coming out in a few weeks. We should show another year end profit, higher revenues and our reserves should at least double given we went from 10 to 20 wells and 3 new producing zones.