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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

Comment by EstevanOutsideron Jul 14, 2023 6:59pm
146 Views
Post# 35542128

RE:RE:RE:RE:Wembley is Gold - A spartan type deal may be in the Cards

RE:RE:RE:RE:Wembley is Gold - A spartan type deal may be in the Cardslol. they don't have debt but watch if they ramp up. that's the hard part and also risks increase man. we are in an ofs inflationary period still and that area has gas plant issues. 

pipestone has 41% liquids content which is higher overall then kelt's profile by far. if they have lower liquids in wembley it is because kelt's wembley lands are less fruitful as they are more conventional in nature rather than in the ultra rich condy window which produces alot of byproduct gas in addition to high levels of condensate with that gas.


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