NATCHEZ, Miss., Oct. 19, 2015 /CNW/ -- KFG Resources Ltd's President, Robert A. Kadane, reported that the Company's subsidiary, KFG Petroleum and partners, have logged and cored several oil zones in its Barnum #4 well. Production casing is being run to 6500' for a completion attempt. KFG has a 9.19% working interest in the well increasing to 21.6% if the project pays out.
Completion operations are proceeding on the Company's previously announced Drouet Poole Estate #1 and Stockfelt#1 wells. In addition, a location has been staked for the Drouet Poole Estate #2 well to be drilled within the next 30 days.
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, (303) 825-7081, http://www.kfgresources.com