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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Energy Oil & Gas E&P
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

Kelt Exploration Ltd > Lagging
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Comment by alta0264on Nov 23, 2020 11:47pm
143 Views
Post# 31958352

RE:RE:RE:RE:Lagging

RE:RE:RE:RE:LaggingIt is excessive leverage that got many companies in the situation they are in today and forced asset sales at Kelt as well. For now though Kelt has control of its balance sheet which I appreciate as well. Market seems to like companies with a little torque again so Kelt likely lags for a while. Fine holding it while management looks for opportunities.
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