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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 shallow wells in north-central Texas.


TSXV:KFG - Post by User

Comment by freedom-1970on Jun 06, 2017 10:41pm
45 Views
Post# 26333312

RE:Saudi 's Give 24 Hour Notice

RE:Saudi 's Give 24 Hour Notice

While there was little additional information on the Ultimatum and more importantly what happens should Qatar not comply, Al Jazeera reported that Kuwait's emir, Sheikh Sabah Al Ahmad Al Jaber Al Sabah, left Saudi Arabia on Tuesday after holding mediation talks with the Saudi King Salman bin Abdul Aziz to try to defuse an escalating crisis between Arab countries and Qatar. No details were given on the talks.

In addition to Saudi Arabia's aggressive approach, Egypt's Foreign Ministry accused Qatar of taking an "antagonist approach" towards Cairo and said "all attempts to stop it from supporting terrorist groups failed". Qatar denied the allegations, with a Foreign Ministry statement describing them as "baseless" on Monday.

Speaking to Al Jazeera, analyst Giorgio Cafiero of Gulf State Analytics, a geopolitical risk consultancy based in Washington, DC, said: "I think the Kuwaitis as well as Omanis ... fear the prospects of these tensions escalating in ways which could undermine the interest of all six members of the GCC.

"There are many analysts who believe that a potential break-up of the GCC has to be considered right now."

"If these countries fail to resolve their issues and such tensions reaches new heights, we have to be very open to the possibility of these six Arab countries no longer being able to unite under the banner of one council," said Cafiero.

He added that if tension escalates, some have warned of a "military confrontation".

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