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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd oil and gas company. The Company is focused on the exploration, development and production of crude oil and natural gas resources 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. The Company’s British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Bullboard Posts
Post by RollinInDoughon Dec 11, 2018 6:20pm
144 Views
Post# 29100135

in @ $4.10

in @ $4.10finally saw what I wanted to see... better pricing in  oil, will bring in some buying.  Got to own it for next up cycle, also think TVE is one to own for its oil exposure.... so a mid sized gasser and oiler... Obvioulsy near a bottom I would think.  Both are still not cheap in terms of price to flowing barrels but those two are always premium priced companies... so yes they could have lots of downside if they are not given their due as top drawer companies with good assets and strong  balance sheets and good management.  But the better quality teams deserve a better metric so you will always pay more for quality.  

Disclosure, I just bought KEL today and TVE yesterday, after being out of Canada e&p companies for about a decade at least!  Although I owned Cdn companies that did their work overseas, that way I avoided the rotten Cdn issues re pipelines and egress and pricing.
Bullboard Posts