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KFG.V - Light oil producer under the radar

4 stars

140 Reads | 1 Comment | 0 People call this a favourite

KFG.V is a junior producer that has been flying under the radar for a while. The company runs operations strictly off cash flow and JV's, no dilution. In less than 3 months year end will come out and we should see an amazing YE. - 51 million shares outstanding trading at $0.05c or less - 20 producing wells with several more to be drilled in 2014 - New oil finds that will for sure increase their reserve report - $1MM cash always on hand and no debt. Brent pricing paid for oil

  • KFG.V - Profitable oil junior that's still growing with lower oil prices

    140 Reads | 1 Comment | November 17, 2014

    KFG.V is in the midst of a growth spurt and ready to break it's 6 year resistance level. This is all realisitic given that the company has a $30 per barrel cost, earned $460,000 net income on less than $1 million revenue in Q1, and is currently working on 3 new wells to drill while current production is at 100bopd. Only 50.6 million common shares oustanding, doesn't take much to move a...

Blog Administrator

4 stars

1 Post