May 10, 2017 / 1:50 PM / 2 months ago

BRIEF-KFG Resources to administer further cost cutting measures

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May 10 (Reuters) - KFG Resources Ltd

* KFG Resources to administer further cost cutting measures

* KFG Resources Ltd - starting in June, company overhead will be reduced as two additional employees are released, saving on salaries and insurance

* KFG Resources Ltd - for month of March, KFG Petroleum produced an average of 65.4 bopd from 19 wells Source text for Eikon: Further company coverage:

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