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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 pablo87on Sep 15, 2020 11:41am
113 Views
Post# 31560008

RE:New presentation

RE:New presentationThey really only added the one page. What I learned there is, Wembley/Pipestone has better economics than Inga and lots of drilling locations - 70,000 boepd worth for 20 years (multiplied Eur x drilling locations divide by 25 years, knock off 5 years);Oak/Flatrock has similar EUR as Inga but only half the liquids; seems it's a gas play that needs? a large scale vertically integrated development to be economic (not to mention good nat gas prices!!!); some of Pouce Coupe and Charlie Lake have very good economics but limited drilling locations. Theoretically, they could drill 45 wells per year at Wembley for 20 years, a $250M? annual capex expenditure that recycles the money every 1.1 years. They would just need the plant capacity? Anecdotally, I found an old presentation where the Value Creation page title was slightly different. It was Value Creation "During Downturns". YMMV.
Bullboard Posts