NATCHEZ, Miss., Sept. 23, 2015 /CNW/ -- KFG Resources Ltd.'s
President, Robert A. Kadane,
reported that the Company's subsidiary, KFG Petroleum Corporation
has logged and cored nine feet of oil sand from 4,393' to 4,402' in
the Third Wilcox Sand. Production casing has been cemented to
4,600'. KFG has a 13% working interest in the well, the
Stockfelt Unit #1, reverting to a 20.25% working interest at
payout. The Company will report initial production tests when
available.
KFG's previously announced Drouet Pool Estate well in
Franklin County, Mississippi, is
being completed at present and a report on initial production
should be available next week. Also, KFG has staked location
for its Barnum #4 well in Adams County,
Mississippi and will be moving in a rig to drill the well to
6,800' in approximately three weeks.
The Company's common shares are listed on the TSX Venture
Exchange, Vancouver, B.C., trading
symbol "KFG".
The TSX Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this
release.
SOURCE KFG Resources Ltd.
