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Bullboard - Stock Discussion Forum KFG Resources Ltd. V.KFG

KFG Resources Ltd is a North American based company. It is primarily engaged in the production of crude oil and natural gas in the United States. It has developed onshore oil and gas reserves with activities concentrated in Concordia, Catahoula Parishes, Louisiana, Wilkinson Counties, Mississippi, Comanche County and, Kansas. Also, the company is focused on participating in the drilling of... see more

TSXV:KFG - Post Discussion

KFG Resources Ltd. > oil price
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Post by alank1 on Apr 18, 2018 11:49am

oil price

oil price keep their upward movement and no reason for them to go back to the low 60's at these level our cash balance is only growing!!! my tough is that it will reach the 80 dollars, the causes: 1. saudis will make the price one way or another to get a better valuation for their long awaited aramco ipo. 2.tensions in the middle east are growing and any misunderstanding can have big consequences. 3. strong demand and lower inventory.
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