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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
Comment by TripleR44on Jul 25, 2020 1:22pm
126 Views
Post# 31319012

RE:RE:RE:RE:Aftermath.......Where things go from here!

RE:RE:RE:RE:Aftermath.......Where things go from here!Kelt needs to better explain the deal and go forward growth/recovery plan.  There are gaps in trying to value Kelt with the new metrics. What is the plan to get value from the undervalued or unrecognized Montney assets the BOD say motivated the Inga sale. Forthcoming sometime in August leaves shareholders hanging. The market does not wait for spin. What is the current value of the remaining assets. What is the prospective or blue sky value of the remaining Montney lands. Like it or not there is some concern that the best asset and half the production is gone at half price for debt with the remaining very large unproven asset package remaining in a sketchy oil and gas price environment.  This information gap is unusual and disappointing for a Wilson led company. The market hates management business plan uncertainty. 
Bullboard Posts