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Last C$0.08 CAD
Change Today -0.005 / -6.25%
Volume 11.0K
As of 3:04 PM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

kfg resources ltd (KFG) Snapshot

Previous Close
Day High
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52 Week High
07/4/14 - C$0.18
52 Week Low
05/27/14 - C$0.04
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Current Stock Chart for KFG RESOURCES LTD (KFG)

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kfg resources ltd (KFG) Details

KFG Resources Ltd., through its subsidiary, KFG Petroleum Corporation, explores and produces crude oil and natural gas in Mississippi, Louisiana, and Kansas. The company was founded in 1994 and is headquartered in Natchez, Mississippi.

Founded in 1994

kfg resources ltd (KFG) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $185.2K
Chief Financial Officer, Vice-President and C...
Total Annual Compensation: --
Chief Operating Officer, Vice President of Op...
Total Annual Compensation: $174.2K
Compensation as of Fiscal Year 2013.

kfg resources ltd (KFG) Key Developments

KFG Resources Ltd., Annual General Meeting, Sep 26, 2014

KFG Resources Ltd., Annual General Meeting, Sep 26, 2014. Location: Inn at Laurel Point.

KFG Resources Ltd. Provides Drilling Update on Craig Well

KFG Resources Ltd. reported that KFG's wholly-owned subsidiary, KFG Petroleum Corporation, has completed its #2 Craig well, a 40-acre west offset to its #1 Craig well in the Second Wilcox Sand at 4,335'; and, it kicked off flowing without stimulation at 80 BOPD, flowing tubing pressure of 170# on an 11/64" choke. Both wells are producing at a combined rate of 170 BOPD. The company has 300 acres under lease and additional development is planned in the early summer of 2014. KFG is operator of the well and has a 10% working interest, reverting to a 22% working interest after payout. Also, in the LaGrange Field, KFG has logged its Parker #4 well, drilled to a depth of 6,450' and encountered 10' of Wilson oil sand at 6,242'. Production casing has been set and the rig is moving to a new location on the company's Parker lease ­ designated as the Parker #3 location. The company has a 10% working interest in the Parker lease with no reversion and is operator of the well. It will be a 6,450' Wilcox test evaluating several Wilcox oil sands that have produced in the immediate area.

KFG Resources Ltd. Announces Operations Updates

KFG Resources Ltd. reported that the Craig #1 well was drilled to a total depth of 6,600' and production casing has been set through the First Wilcox Sand of the Wilcox formation at 4,400'. The well encountered a total oil interval of 21', with a net oil column from 4,318' to 4,332'. KFG has a 10% working interest in the well, reverting to a 22% working interest at payout. Completion operations will begin next week. The MacNeil #2 and #3 wells are producing a total of 130± BOPD. The company has an 8% working interest before payout and a 20% working interest after payout. A third well may be drilled if production history warrants. Pipe has been set to 11,350' in this exploratory test. Completion operations have begun. KFG has a 5% working interest in the well, reverting to an 18% working interest at payout.


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