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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 MyHoneyPoton Aug 03, 2023 9:22am
186 Views
Post# 35570816

A good quarter all considering

A good quarter all consideringStill no debt on the balance sheet.

Oak wells pushed out to Q3 for completion.

Gas production guidance reduced 1,000 boe/day. 

Picked up some more North Pouce and Charlie lake land.

Really setting up for a significant 6-18 month play, with strong upside. 

Oil production is up significantly year or year. 

3,300 boe/day shutin due to fires otherwise production would of been 29,705+3200 = 32,905 boe/day

IMHO
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