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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 loubastoneon Dec 08, 2019 2:36pm
88 Views
Post# 30433815

RE:Kfg

RE:KfgTheir cash keeps increasing, oil prices going up, their production should be going up with west hazel...yet you mention delisting? I think the issue is here is the lack of love for Canadian oil, even though this play is more a US oil play than a canadian one. Maybe they eventually just sell off the production or build up cash and continue to grow their production? Who knows but its trading very cheap and ive got some filled at 3 cents lately. eventaully this will play out, we cant trade at a discount forever?
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