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 > check this out- Oil to hit $65 by this summer

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Comment by OGGambleron Feb 04, 2021 2:10pm

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Post# 32472165

RE:check this out- Oil to hit $65 by this summer

Unfortunately, very little correlation with Kelt share price. When WTI was $45 on November 25 Kelt was $1.96 and POU was $3.78...if anything the correlation is negative!!! Which makes some sense - investors see a lot of leverage to WTI in other names and move their Kelt money there instead. So if the trend continues, $65 WTI should bring $2.25 for Kelt and $15 for a name like POU!