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Bullboard - Stock Discussion Forum 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... see more

TSXV:KFG - Post Discussion

KFG Resources Ltd. > Saudi 's Give 24 Hour Notice
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Post by freedom-1970 on Jun 06, 2017 10:18pm

Saudi 's Give 24 Hour Notice

Shortly after imposing a naval blockade in the immediate  aftermath of the Qatar diplomatic crisis, one which left the small Gulf nation not only politically isolated and with severed ties to its neighbors but potentially locked out of maritime trade and crippling its oil and LNG exports, on Tuesday SkyNews Arabia reported that Saudi Arabia has given Qatar a 24 hours ultimatum, starting tonight, to fulfill 10 conditions that have been conveyed to Kuwait, which is currently involved in the role of a mediator between Saudi and Qatar.
 
Comment by freedom-1970 on Jun 06, 2017 10:41pm
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 ...more  
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