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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 MustangMatton Dec 11, 2020 12:22pm
234 Views
Post# 32088847

Luck o the Irish

Luck o the IrishI think Kelt is in the best position of all the Jr's  they have the best balance sheet which gives them great flexibility.  If Commodity prices improve they can bring on the drilled and completed production behind pipe.  If it doesn't they can wait.  If oil and gas prices really really improve, they can drill heavy again.  If they see a great opportunity to buy or sell they can do that.  The street is not giving them the love right now but the value will come through.  Technically this is close to a break out.  a close at $1.99 or above puts $2.50 in the window.  Arizona I'm with you, two and a quarter first, cheers Matthew
P.S
In this topsy turvy no price discovery market.  Debt laden pigs are bid up while pristine abd clean are sold.  Mr. Market is wrong.  David Wilson is right cheers Matthew
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