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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

Post by RollinInDoughon Oct 08, 2019 3:22pm
198 Views
Post# 30208695

report says 53 bopd!

report says 53 bopd!should not be a public company until they achieve some level of production that makes economic sense  and under 100 bopd is a joke and they should be private until they accomplish something.  At these low levels of production, being public just means some people think it is big enuf to own... it is NOT!  but they lost so much here I hope they learned fom their mistakes owning this one.  But the 'experts' here will disagre with me, the ones that never worked in the business but say they are experts.  If ya say so..

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