NATCHEZ, Miss., Sept. 20,
2018 /CNW/ -- Robert A. Kadane, President of KFG Resources
Ltd., reported today that the Company's subsidiary, KFG Petroleum
Corp., Natchez, MS, is moving in
and rigging up to drill the Barnum #5 well. It is a 6400'
Wilcox test. The Company's
working interest is 22.5% (16.875% NRI).
In addition, KFG's Craig #2 paid out effective September 1, 2018. KFG's working interest
increased from 11% to 22.5%. Also, to clarify an item in the
news release dated September 10,
2018, the capital being raised for the Company's
Graham, Texas venture is being
raised from oil industry partners, not a private placement stock
The Company's common shares are listed on the TSX, Venture
Exchange, Vancouver, B.C. Trading
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
SOURCE KFG Resources Ltd.