Kelt 2024 - a YEAR of stellar growth
Oak
Kelt is drilling wells at Oak, getting ahead of the curve however they will likely not be completed until the price improves or the current production declines below 25MMcf a day.
Wembley/Pipestone - Wembley Charlie Lake
This will rampup immediately as their more than enough production behind the plant to fill the Keyera explansion, and they will be drilling well pads all year in anticipation for a big 4th quarter 50MMcf expansion for kelt in Q4 2024.
Northern Alberta Pouce/Spirit River/Progress
This is where we will see incremental progress and i expect they will complete those two charlie lake DUC's and expect any production growth after the wembely year end growth to come from here.
With a clean balance sheet, we are really about 10 months away from a big ramp up at OAK add to that 50 MMcf at wembley that will add about 21,000 boe/day at year end incremental from Wembley alone.
A very safe hold with regular and incremental production increases.
IMHO