NATCHEZ, Miss., March 26 /CNW/ -- Robert A. Kadane, President of KFG
Resources Ltd., reported today the Company's subsidiary, KFG Petroleum
Corporation, Natchez, MS, has completed the permitting process covering 14.3
square miles prior to conducting a 3-D seismic survey over the Fayette Field,
Jefferson County, Mississippi. This process essentially gives KFG landowners'
permission to conduct the survey over their respective lands. Most of the
permits were granted with the qualification that the survey could not start
until after "Turkey Season" which ends April 30, 2008; consequently, the
actual shoot will be in May 2008 with interpretation completed by July 2008.
Hopefully, a test well can be planned for the late Third Quarter or early
Fourth Quarter 2008.
The Company's common shares are listed on the TSX Venture Exchange,
Vancouver, B.C., trading symbol "KFG." For additional information, please
contact Mr. Kadane, President, at (303) 825-7080.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Mr. Robert A. Kadane, President of KFG
Resources Ltd., +1-303-825-7080; Web Site: http://www.kfgresources.com