Kelt Exploration Ltd T.KEL

Starting to get bored or my Kelt Holding

[Cheadle12]

Seems flat, waiting for a catalyst.. 

Might consider swapping it out for a name with similar torque but pays a dividend..

Dividends matter over time..

Come on Dave, let's make a move here.. I want to stay in!

[geologist77]

Kelt needs to start acting like an oil company. First, get a bank line. And use it. It's inevitable. Second, stop drilling natural gas. Have they looked across the street to see where nat gas companies go? No where.  Third, get on the road. Get an IR team and drag this land map around a bit.  Imo 

[Cheadle12]

We have disagreed in the past Geo77, but we agree on all of the below. They could either buy some of AAV's assets, or sell to AAV  then use that money to fast track Oak development. Just seems so slow and meanwhile, Oil & C5 is $60+.. missing out.

[PabloLafortune]

I only see benefits of not having any debt. #1, as a buyer if a great opportunity comes along, you don't need to issue as much (if any) stock. #2, as a seller, you're under no (bank) pressure to sell. #3, the interest savings on a per boe basis are significant. #4, since Kelt is simply maintaining its debt (free) position, they are investing more than the debt reducing peers (which is most

[PabloLafortune]

I don't think Kelt will disclose it but the long term cashflow numbers on that West Pouce Coupe asset are probably pretty good given that a typical well's first year production only consumes 15% of the EUR.  Drill & complete 4 wells a year for 10 years eventually gets you to 10-12,000+ boepd??? followed by a slow decline. Break even on your capex in 2021, free cashflow thereafter.