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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 Nov 24, 2023 11:03am
171 Views
Post# 35751528

Pouce Coupe - Charlie Lake

Pouce Coupe - Charlie LakeIt looks like Pouce Coupe ( Charlie Lake ) is a new emerging play area in Kelts Playdeck.

40,000 acres provides the critical mass for an emerging play area, and i expect that Kelt is actively picking up land blocks and filling in the white spaces on the map in this play area.

Expect completions of the DUCs in 2024 at 13-7, 16-6.

Kelt has proven they can walk and chew gum at the same time, they have reactivated and expanded the oil battery and gas compression in the area. So they have their own 99% operated plant. 

So with the wells in close proxinity of the reactivated plant, and it looks to me like a brand new emerging play are with 3 horz wells drilled, and multiple vertical wells recompleted proving up the geology. 

A pureplay Charlie Lake Opportunity, and according to TVE some of the best economics in North America. 

IMHO
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