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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 LuckyLadyon Mar 08, 2019 10:56pm
51 Views
Post# 29464521

RE:RE:RE:West Hazel Potential From HRH News Release

RE:RE:RE:West Hazel Potential From HRH News ReleaseDid was quick numbers on the West Hazel deal, they bought basically 15%or 12% net of 200 /250 bopd .
Thats a 24/ 30 bopd purchase for 5000 a flowing barrel ???

With drilling locations ,if the metric’s hold to the purchase that’s going to add around 75/100 bopd production level to KFG .

What a great deal, they will  more then double there production level, with the weak Cdn dollar and talk of WCS discount reducing as the demand is stil rising .

Then you back in the ncib this stock with its cash is trading at less then half it’s value .
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