Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Xcyte Digital Corp. Signs Agreement to Purchase Assets of Webinar.net (click to learn more) Viva Gold Reports Multiple High-Grade Gold Hits at the Tonopah Gold Project (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Energy Oil & Gas E&P
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... see more

TSX:KEL - Post Discussion

Kelt Exploration Ltd > Kelt has struck gold.
View:
Post by CashFlowADay on Feb 22, 2024 8:53am

Kelt has struck gold.

Drilling MONSTER wells at Wembley.

 

This is why patience in delination is worth it.  Those wells are monster.  Will be easy to fill as capacity comes online.  

 

End of 2026/2027 = 68,000 BPD x  40-50k bpd = 3x gain in 3 years.  Who says no to that?

Comment by MyHoneyPot on Feb 22, 2024 9:05am
I may be a bit optimistic, but i think it may be sooner than that. Adding 50 Mmcf gas process at Wembley towards the year end, and entering larger scale pad development, mean a big improvement in economics and production.  Its an easy tripple in 3 years, but could be a double in this year alone. Gas prices will be slowing things down a bit until they recover.  IMHO
Kelt Exploration Ltd