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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd. is an oil and gas company, focused on the exploration, development and production of crude oil and natural gas resources in Western Canada. The Company primarily operates in northwestern Alberta and northeastern British Columbia. The Company's assets are comprised of three operating divisions: Wembley/Pipestone in Alberta; Pouce Coupe/Progress/Spirit River in Alberta, and Oak/Flatrock in British Columbia. Its British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Comment by geologist77on Sep 22, 2020 6:55pm
138 Views
Post# 31601478

RE:RE:RE:Another View

RE:RE:RE:Another ViewAgreed. They've fallen short.

So has KEL's production with respect to their guidance.  Q1 2019 it was guided at 34,000 boed, then in Q1 2020 it was guided at 39,000 and change. They never produced over 31,300 in one quarter.
You can go back to 2016 if you want. They never met their initial Q1 yearly production guidance.


pablo87 wrote: One thing Ive learned,the price decks on reserves in the oil and gas industry have fallen way short of reality the past 5 years. Sproule had $61 for this year rising to $71 by 2025.  I would imagine COP used their own price deck.


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