Annual Meeting - Yesterday I am not sure which of my friends here we able to attend the annual meeting for Kelt.
I was in attendance, by had to leave in the middle of the meeting to deal with some business.
What i did hear was that Kelt is currently debt free, we will get the numbers in a few weeks in the earning results, before May 9,2024.
We also heard they were going to go hard at Oak, i believe that had more plant coming on in April, and Kelt feels towards the end of the year gas prices will get better for a period of time with LNG Canada ramps up coming online, and the market adjusts to a daily 2 BCF draw. Kelt feels that station 2 may become one of the best places to unload gas in the near term as LNG Canada ramps up.
I was unable to hear what David Wilson had to say, but Kelt did say when all their gas plants come on they will be producing 66,000 boe/day. Asuming their current commodity ratio's.
I have asked Kelt to post a link to the anual meeting if possible, i missed half of it.
Maybe there are some other highlights that people picked up on that they could share, maybe some news regarding the nothern work regarding Charlie Lake?
IMHO