RE:RE:RE:RE:RE:RE:RE:RE:Kelt will go the way of HuskyHave faith. The market values natural gas and they value boepd. Of note, Pouce Coupe would do both - 5 wells alone would add 10,000 boepd per day IP30 at some pretty decent economics nowadays presumably. Assume they're $8M wells, that's $40M capex for $160MM market cap adder? Goes to show you these boepd valuation models are out to lunch. Whatever, lets play!
Cheadle12 wrote: well they need to do something, clearly the market shrugged off the Inga sale / debt free status.
Stock is in the toilet, along with various other names in the sector.
$1.66 today lol. All those years of development for a $250M market cap.