Kelt Exploration Ltd T.KEL

@ the Bell: TSX makes a comeback

[Jon Brown]

Shaky metal prices were offset by a jump in oil prices. The TSX’s gains were limited by weakness among healthcare shares. read article.

[Jon Brown]

Buzz on the Bullboards: Markets underperforming, or is the best yet to come? The September rally didn’t pan out as indices hit lows. read article.

[Jon Brown]

Oil prices jumped, but Canada’s main stock index fell further. Energy was the only standout, with the tech sector logging some gains. read article.

[PabloLafortune]

Oak is a very interesting case. Its path to success is clearly as a low cost NATURAL GAS Montney play. Really diffwrent operating model compared to Kelt's Alberta assets.There are 3 pre conditions

[MyHoneyPot]

1. Oak/Flatrock Division      191,742 acres ( 300 sections ) 2. Pouce Coupe / Progress Division – Montney 3. Wembley / Pipestone / La Glace Division – Montney ( D1 / D3 )    

[PabloLafortune]

Kelt is very conservative. We know about debt free status of course. But now they are committing to significant addl processing capacity, how will they be able to handle it financially? Simple. By

[MyHoneyPot]

Kelt is investing 100% of their capital into expanding their business.  They are not using their cash, or managements time on a share buyback strategy, the chips will fall where they fall where

[Oldnagger]

Not sure why Kelt is not on the list . By my calcs share price increased from 1.37 on June 30 2020 , to 5.59 on June 30 2023 for a gain of 408 % https://money.tmx.com/en/tsx30

[MyHoneyPot]

Kelt is oozing with value, the higher oil prices will compensate for the low gas prices in the short term.  I am always a buyer of Kelt on pull backs here because in less than 3 months when the

[MyHoneyPot]

No share buybacks burning precious capital, because the management does not want to pay shareholders, neither do they have a plan that can be accelerated.  Companies that surround Kelt are

[MyHoneyPot]

OAK - Production Oak 21% Liquids, mean that it is 21% not dry gas, so this play will likely economical even at these prices, and the best time to bring on new production will be during the heating

[MyHoneyPot]

That may be (somewhat) true for Wembley/Pipestone, but not for the norther region. Wembley/Pipestone They are forecasting to go from the current 37 million a day to 59 million a day (60% increase) by

[ribbonbench]

The aforementioned news release demonstrates timeliness by effectively addressing a longstanding weakness of Kelt, namely the insufficiency of its plant processing capacity.@[url=https://]google[/url]

[ribbonbench]

The aforementioned news release demonstrates timeliness by effectively addressing a longstanding weakness of Kelt, namely the insufficiency of its plant processing capacity. [url=https://]google[

[MyHoneyPot]

I think the Plant sold for to much money and it is really based on the futures for the area. Alta Gas says it will add 5% to their earnings.  I am not sure that 250 million on the gas plant that

[MyHoneyPot]

Wemblely Pipestone (177 sections) Wembley Pipestone with Charlie Lake (49 sections) 28% of the Wembley Pipestone lake have a shallower opportunity for Charlie Lake.  Charlie lake has two zone,

[PabloLafortune]

Excellent.  By the way, it just dawned on me... stating the natgas processing increase (from 134MMCF to 306MMCF) with the liquids mix remaining the same could equate to a boepd projection 3

[MyHoneyPot]

Oil is up 12 dollars US a boe, so conservatively if we say Kelt is producting 10,000 boe/day.  10,000 *(12/.74) = 10,000 * 16.21 = 162,100 a day above budgeted oil price. In the Q4 Quarter that