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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 PabloLafortuneon Feb 26, 2024 11:20am
73 Views
Post# 35899141

RE:RE:RE:RE:Kelt is trading at 25% of NAV

RE:RE:RE:RE:Kelt is trading at 25% of NAVThe Charlie Lake acreage in the Wembley area went from 23,917 acres to 16,134 in 4 months...

Kelt still has 8 well completions @ Oak in the budget - my guess is those won't proceed if natgas prices don't recover and the capex budget needs to be cut further.

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