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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 MyHoneyPoton Jan 25, 2024 2:33pm
94 Views
Post# 35845583

RE:RE:RE:RE:RE:RE:RE:What is a fair expectation of production?

RE:RE:RE:RE:RE:RE:RE:What is a fair expectation of production?100% agree, it just a waiting game right now. 

The one other wild card is this, during Christmas Altagas announced at the closing of the tidewater purchase, additional plant expansion starting in 2024, Kelt has not done any kind of update since christmas, so we don't know if they are getting additional capacity from that expansion. 

So perhpas, and this is just speculation that after the 50 MMcf that come on stream in Q4, there could be some additional capacity coming on in 2025 with the alta gas tidewater expansion. (Phase II)

Pipestone Phase II -Link

If you look on the ALTA gas presentation is says that the project is sanctioned with a anticipated of over 200 million dollar budget, so my guess is that this was all in the works and part of the reason tidewater got the great price that it did. So it looks to me it could take maybe more than a year for the expansion, Q1, 2025? just a guess no timelines posted. 

IMHO

IMHO
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