Energy. Power. Progress.
Operations
Mississippi, USA: 1000 acres with 18 wells in production and 2-3 potential targets to drill. Operating under the subsidiary KFG Petroleum Corporation.
Saskatchewan, Canada: On February 14, 2019, the Company purchased for $113,000 USD, 15% of Hillcrest Petroleum Ltd.’s 75% interest in four reactivation wells in Hillcrest’s West Hazel Field, Western Saskatchewan, with the option to participate in additional drilling of in that area of 220
acres. KFG has $2.4 million CAD in tax losses that carries forward.
The company is continuing to seek opportunities in North Texas.
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