financials outtiny profit, but keeping in mind that some wells were offline in that quarter. Still got 3 projects on the go. MD&A highlights:
Page 3: A workover on the Barnum #4 well into a new zone should increase production on that lease. Also, the MacNeil #2 and #3 wells have been returned to production. Both were off production during the quarter because of high water.
Page 6: The outlook for the Company’s recent purchase of production in Canada remains favourable. The price dip has hurt cash flow for the last quarter but hopefully increased production will make up for it. Another well this fall in Saskatchewan will significantly improve those economics. KFG has agreed to participate with another company in a well in Wilkinson County, MS in the fall of 2019 with a 6% working interest for $48,000 to casing point. KFG is hopeful the new production with a firmer price will return the Company to a better cash flow position.