NATCHEZ, Miss., July 2, 2014 /CNW/ --
LaGrange Field, Adams Co.,
MS
KFG Resources Ltd. President, Robert A.
Kadane, reported that KFG's wholly-owned subsidiary, KFG
Petroleum Corporation, is running production casing in its Craig #3
well to 4,700' to test a 2nd Wilcox oil sand at 4,375'. KFG has a 10%
working interest in the well, reverting to a 21.5% interest at
payout. The well is 1,250' north of the Craig #1 and #2 wells
and appears to be in a new reservoir.
Mantua Field, Adams Co., MS
Completion operations have begun at the Company's Barnum #2
well. KFG has a 9% working interest in the well, reverting to
20.5% after payout.
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