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