KFG Resources Ltd. is an independent emerging North American petroleum and natural gas exploration company. Through its U.S. subsidiary, the company has interests in operations located in Mississippi. The company trades on the TSX Venture Exchange under the stock symbol KFG, and is listed on the US OTC under the stock symbol KFGRF. KFG Resources Ltd September 2018 Company Presentation: http://kfgresources.com/wp-content/...-Ltd.-September-2018-Company-Presentation.pdf
News: KFG Operations Update (Barnum Drill, Craig Payout, Share Buyback, Texas Project) https://www.newswire.ca/news-releases/kfg-operations-update-692948991.html NATCHEZ, Miss., Sept. 11, 2018 /CNW/ -- As previously reported, the Company's Barnum lease, Adams County, MS, paid out in July 2018 and KFG's working interest increased from 9% to 22.5%. The Barnum #5 location has been staked and permitted. Currently, the Company is waiting on a drilling rig which is expected to move into the location as soon as weather permits. Additionally, the Company's Craig #3 should payout by the end of September, substantially increasing KFG's working interest. Also, KFG has entered into a farmout agreement with Tracer Operating Company, Graham, Texas to recomplete 3 shallow gas & oil wells with an option to recomplete 3 additional wells. These are shallow recompletions (3600'-4500') in Palo Pinto and Stephens County, Texas. Capital is now being raised for this venture. In addition, the Company is considering a share buy back proposal. Specifics will be presented to the board at the Board Meeting on September 28, and voted on at that time. 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. For further information: Robert A. Kadane, President, (940) 723-7052, http://www.kfgresources.com
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 offering. 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. View original content: http://www.newswire.ca/en/releases/archive/September2018/20/c6488.html
KFG Resources Ltd earns $67K USD profit in Q1 2018. Results out on sedar: https://sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00006016
KFG Resources earns $67,334 in quarter ended July 31 2018-10-03 09:08 MT - News Release Mr. Robert Kadane reports KFG OPERATIONS UPDATE KFG Resources Ltd.'s subsidiary, KFG Petroleum Corp., recorded revenues for its quarter ended July 31, 2018, of $397,520 versus $323,300 for its corresponding quarter of 2017. Net income for the July 31, 2018, quarter was $67,334 vs. $17,801 for the July 31, 2017, quarter. The company's current ratio was in excess of two to one for the quarter ended July 31, 2018. The share buyback proposal was passed by the KFG's board meeting at its annual stockholder meeting. When all paperwork has been completed, details will be announced. Also, capital is being raised from oil industry partners for the project in Graham, Tex., to re-enter and recomplete three wells with an option to recomplete two additional wells. The No. 5 Barnum well in Adams county, Mississippi, was completed as a dry hole to 6,400 feet. KFG had a 22.5-per-cent working interest in the well. In addition, the payout of the Barnum and Craig leases should add additional free cash flow of approximately $20,000/quarter to the company's offers. © 2018 Canjex Publishing Ltd. All rights reserved.
KFG Resources Ltd. October 2018 Company Presentation: http://kfgresources.com/wp-content/...es-Ltd.-October-2018-Company-Presentation.pdf
https://ceo.ca/api/sedi?insider=&symbol=KFG&date=&transaction=&amount=&undefined[company_symbol]=KFG Recent filings Filing date: 2018-10-25 Transaction: 2018-10-25 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $660.00 +11,000 vol $0.06 each 6,996,000 Filing date: 2018-10-25 Transaction: 2018-10-25 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $260.00 +4,000 vol $0.065 each 6,985,000 Older filings Filing date: 2018-10-15 Transaction: 2018-10-15 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $350.00 +5,000 vol $0.07 each 6,981,000 Filing date: 2018-10-12 Transaction: 2018-10-12 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $540.00 +9,000 vol $0.06 each 6,957,100 Filing date: 2018-10-12 Transaction: 2018-10-12 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $71.50 +1,100 vol $0.065 each 6,948,100 Filing date: 2018-10-12 Transaction: 2018-10-12 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $643.50 +9,900 vol $0.065 each 6,967,000 Filing date: 2018-10-12 Transaction: 2018-10-12 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $540.00 +9,000 vol $0.06 each 6,976,000 Filing date: 2018-09-11 Transaction: 2018-09-11 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $3,285 +73,000 vol $0.045 each 6,860,000 Filing date: 2018-09-11 Transaction: 2018-09-11 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $200.00 +4,000 vol $0.05 each 6,947,000 Filing date: 2018-09-11 Transaction: 2018-09-11 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $4,150 +83,000 vol $0.05 each 6,943,000
KFG Resources Ltd. January 2019 Company Presentation: http://kfgresources.com/wp-content/...es-Ltd.-January-2019-Company-Presentation.pdf
KFG Resources to buy back up to 2.5 million shares 2019-01-10 15:52 MT - News Release An anonymous director reports KFG RESOURCES ANNOUNCES INTENTION TO COMMENCE NORMAL COURSE ISSUER BID The TSX Venture Exchange has accepted KFG Resources Ltd.'s notice of intention to make a normal course issuer bid for common shares in the capital of the company through the facilities of the TSX-V. The Company intends to purchase, from time to time as it considers advisable over the 12-month period of the NCIB program, an aggregate of 2,500,000 Common Shares, representing approximately 5% of the Company's issued and outstanding Common Shares and approximately 6.15% of the Company's "public float" (as such term is defined under the TSX-V Corporate Finance Manual). The Company may commence the NCIB on January 15, 2019 and the NCIB will terminate on the earlier of the Company purchasing a total of 2,500,000 Common Shares, the Company providing a notice of termination, or the date that is 12 months following the commencement date. All purchases will be made through the facilities of the TSX-V at market prices and otherwise in accordance with the rules and policies of the TSX-V. All Common Shares acquired by the Company under the NCIB will be subsequently cancelled. The Company has appointed PI Financial Corp. to conduct the NCIB on its behalf. The board of directors of the Company believes that, from time to time, the market price of the Common Shares may not adequately reflect the Company's underlying value and future prospects and that, at such times, the purchase of the Common Shares represents an appropriate use of the Company's financial resources and would be in the best interests of the Company's shareholders. The Company's Common Shares are listed on the TSX-V, Vancouver, B.C., trading symbol "KFG". We seek Safe Harbor. © 2019 Canjex Publishing Ltd. All rights reserved.
KFG Resources purchases interest in West Hazel assets 2019-02-22 07:52 MT - News Release Mr. Robert Kadane reports KFG RESOURCES LTD. PURCHASES PRODUCTION IN SASKATCHEWAN KFG Resources Ltd. has completed a production purchase in western Saskatchewan. A financial partnership was formed with Hillcrest Petroleum whereby the company purchased 15 per cent of Hillcrest's position in its West Hazel assets, which amounts to 75 per cent of the total interest available. Total consideration paid by the company to Hillcrest was $150,000 (approximately $113,000 (U.S.)). Four shut-in wells are being re-entered and returned to production after being shut in for four years. It will take a few weeks to ascertain how much production will be recovered (what the daily rate from all four wells will be). In addition, other potential on the lease is being evaluated (consisting of 220 acres) and KFG Resources has the right to participate in any further development of the assets at a level equal to its current percentage of Hillcrest's ownership. © 2019 Canjex Publishing Ltd. All rights reserved.
KFG Resources purchases interest in West Hazel assets 2019-02-22 07:52 MT - News Release Mr. Robert Kadane reports KFG RESOURCES LTD. PURCHASES PRODUCTION IN SASKATCHEWAN KFG Resources Ltd. has completed a production purchase in western Saskatchewan. A financial partnership was formed with Hillcrest Petroleum whereby the company purchased 15 per cent of Hillcrest's position in its West Hazel assets, which amounts to 75 per cent of the total interest available. Total consideration paid by the company to Hillcrest was $150,000 (approximately $113,000 (U.S.)). Four shut-in wells are being re-entered and returned to production after being shut in for four years. It will take a few weeks to ascertain how much production will be recovered (what the daily rate from all four wells will be). In addition, other potential on the lease is being evaluated (consisting of 220 acres) and KFG Resources has the right to participate in any further development of the assets at a level equal to its current percentage of Hillcrest's ownership. © 2019 Canjex Publishing Ltd. All rights reserved.
KFG Insider Buying: Filing date: 2019-02-22 Transaction: 2019-02-22 $KFG KFG Resources Ltd Grassi, Giacomo 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $11,055 +201,000 vol $0.055 each 1,500,000 Filing date: 2019-02-22 Transaction: 2019-02-22 $KFG KFG Resources Ltd Haney, Kevin 3 - 10% Security Holder of Issuer, 4 - Director of Issuer Common Shares 10 - Acquisition or disposition in the public market $3,025 +55,000 vol $0.055 each 7,110,000 Filing date: 2019-02-06 Transaction: 2019-01-31 $KFG KFG Resources Ltd KFG Resources Ltd. 1 - Issuer Common Shares 38 - Redemption, retraction, cancellation, repurchase $840.00 +21,000 vol $0.04 each 21,000 Filing date: 2019-02-06 Transaction: 2019-01-31 $KFG KFG Resources Ltd KFG Resources Ltd. 1 - Issuer Common Shares 00 - Opening Balance-Initial SEDI Report Filing date: 2018-12-11 Transaction: 2018-12-10 $KFG KFG Resources Ltd Kadane, Robert Andrews 4 - Director of Issuer, 5 - Senior Officer of Issuer Common Shares 11 - Acquisition or disposition carried out privately $1,621.312 +50,666 vol $0.032 each 896,668
Hillcrest produces 150 bpd of oil at West Hazel 2019-03-21 11:06 MT - News Release Mr. Donald Currie reports HILLCREST OIL PRODUCTION CLIMBS Hillcrest Petroleum Ltd.'s upgraded West Hazel production facility is in operation, as previously announced, and production started from two wells on Jan. 13, 2019, and Jan. 15, 2019, respectively. Initial fluid production rates from both wells were as expected. Production from a third well was brought on-line in early March when weather conditions softened after an extreme record-breaking cold snap. Production over the last five days from the three wells has averaged 150 barrels per day which meets the lower production estimates the company published in its previous releases, although those estimates considered production from all four wells. Hillcrest is encouraged by the early results, which are meeting or exceeding previous estimates. The company is focused on efforts to maximize the production from the current wells and is further upgrading the potential of the injector well, which in turn, if successful, could result in higher production numbers from the current three wells. A normalized sustained production rate is expected to take another three weeks to four weeks and will be released when achieved. Hillcrest will move to work on and start production from the fourth well once current efforts have been completed, results reviewed and a rig is available. As previously announced, under the terms of its joint venture agreement on the West Hazel property, the company will provide 100 per cent of reactivation costs to return the field to production to earn a 75-per-cent working interest, reverting to 50 per cent after recovery of reactivation costs. We seek Safe Harbor. © 2019 Canjex Publishing Ltd. All rights reserved.
KFG April 2019 Company Presentation: http://kfgresources.com/wp-content/...rces-Ltd.-April-2019-Company-Presentation.pdf
KFG Resources talks oil production in Jefferson county 2019-06-27 13:25 MT - News Release Mr. Robert Kadane reports KFG RESOURCES LTD. OPERATIONS UPDATE KFG Resources Ltd. has noted a rework in Jefferson county, Mississippi. The Spring Hill No. 1 well was put back on production for 10 to 15 barrels of oil per day. KFG owns a 67.5-per-cent net revenue interest (NRI). In addition, the No. 4 Barnum well (KFG owns a 16.9-per-cent NRI) is scheduled to be reperforated in July in an attempt to increase production. In Saskatchwan, Canada, at West Hazel, production on the fourth well has been restored. KFG has an 11.25-per-cent working interest in the acreage. The wells produce heavy oil and can take two to three months for daily steady production numbers to occur. Approximately 4,800 to 5,000 barrels of fluid a day is being produced with oil representing 1.5 per cent to 2 per cent, or 80 to 100 barrels of oil per day. As production stabilizes the oil cut percentage should increase resulting in more saleable oil. Current production is covering all operating and asset costs. © 2019 Canjex Publishing Ltd. All rights reserved.
KFG participates in Wilcox test in Louisiana 2019-09-18 10:10 MT - News Release Mr. Robert Kadane reports KFG OPERATIONS UPDATE KFG Resources Ltd.'s subsidiary, KFG Petroleum Corp., Natchez, Miss., is participating in a 6,050-foot Wilcox test operated by Bay Gas LLC, in Concordia Parish, La. It comprises a 280-acre lease with a 25-per-cent royalty burden. KFG has a 2.5-per-cent working interest. Drilling is under way. In Saskatchewan, KFG's interest at West Hazel continues to perform well with current production between 160 to 170 barrels of oil per day. KFG owns a financial interest through Hillcrest Petroleum equal to 11.25 per cent. Plans are being finalized for drilling on the lease and will be reported in the near future. In addition, KFG is involved in a directional project with Bay Gas, in Wilkinson county, Mississippi, and details will be forthcoming when the location dries out enough to support a drilling operation, probably in October at this writing. © 2019 Canjex Publishing Ltd. All rights reserved.
KFG October 2019 Company Presentation: http://kfgresources.com/wp-content/...es-Ltd.-October-2019-Company-Presentation.pdf
