Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 PabloLafortuneon Mar 25, 2023 2:52pm
122 Views
Post# 35360462

RE:Buying Opportunities

RE:Buying OpportunitiesKelt Wembley seems to have more liquids than NVA. NVA's 2P shows 28% condensate and 35% liquids or so, Kelt is 55% + liquids probably 35% oil + plant condensate is my guess (I'm always guessing). Also, when you take the 2P reserves and subtract Oak (known from # of wells listed in the 2P x EUR plus wells currently on production) and subtract Pouce Coupe West, Charlie Lake and Pouce Coupe Oil (using similar method with booked from the presentation), you get some big 2P reserves at Wembley (that reconciles with planned FDC well count using 1.1M EUR). Like way over 10 years RLI? based on 30,000 boepd nameplate of all the plants that will be online by early 2025.
<< Previous
Bullboard Posts
Next >>