Kelt Exploration Ltd T.KEL

Alternate Symbol(s): KELTF

Energy Oil & Gas E&P

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

Kelt Exploration Ltd

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Comment by pablo87on Oct 26, 2020 9:42am

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Post# 31780661

RE:RE:Kelt will go the way of Husky

Also, since Kelt is debt free, the buyer could borrow against Kelt's assets to make the acquisition.

Cheadle12 wrote: The beauty about Kelt now is exactly as you said "debt free".

This means that any of the larger names can simply cut shares to acquire them if a deal can be made. What isn't on their side is the size/scale.. not a lot of production, but certainly good for a Shell or LNG JV partner to offer an all share premium deal for the Kelt team.

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