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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

Post by PabloLafortuneon Nov 11, 2020 1:14am
104 Views
Post# 31875798

Q4 14,000 boepd?

Q4 14,000 boepd?By the math of YTD and full year of 24,400 boepd. No new wells online in Q4? Seems like this 2nd phase of Covid has pushed back recovery by at least 6 months if not more, Kelt's plans have been impacted as well it seems. Originally they had said they would get a syndicate loan in 2021, no plans to do so now. 7 Wembley wells sitting there (5 completed) waiting for better prices. Perhaps same thing for another big asset sale (they have 4 plays), delayed until they get better offers in 2021? GLTA
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