Completions is one of the Key Metric's for 2024
In 2023 Kelt drilled 27 net well and completed only 24 Wells and their NAV increased 27%
In 2024 Kelt will drill 29 wells but plan to complete 31 wells (30% more completions roughly)
So Kelt will complete about 30% more wells in 2024 with the current budget.
We know that they did not do much at Oak in 2023, even with low gas prices and they currently are drilling a few OAK wells there to keep things moving forward, for LNG exports.
It looks like with 30% more completions in 2024, we should see another big gain in reserves and NAV. This may be tempered a bit by their increased production in 2024, but it is all setting up for a big year in 2025.
IMHO