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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

Comment by Grandcentralon Feb 18, 2021 10:18pm
108 Views
Post# 32606395

RE:Kelt needs to take out Advantage

RE:Kelt needs to take out AdvantageEarly in the pandemic, Kelt was wise and defensive - this has opened them up to easily make a sizeable acquisition. I expect to see something soon - something aggressive, because that is what Kelt does - they use opportunity to grow. They must be well on their way with seismic plans, and it would be great to know what's next in the play book. We are due for an update on 2021, and it's going to be good. This team knows how to make lemonade out of lemons. Take a look at the history of the company - comparatively, they have done very well, always growing and recovering out of macro set backs. This is familiar territory, and I wouldn't be surprised if all of a sudden an acquisition is announced. With no debt on the books, and impressive assets, they could walk into the bank and make a deal on a number of things - they are really in a position of power right now. I feel we will be barraged with good news - Starting in less than a week with 2020 year end reserves.
Kelt is my heavy - and it's because of two simple things - trust and confidence, I can't say the same for any other company to the same degree.
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