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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 Seppelton Mar 04, 2021 10:57pm
79 Views
Post# 32725196

RE:Back in!

RE:Back in!

OPEC is good but today's natural gas withdrawal was bearish, a lot less than forecasted by Celsius and others. The draws are historically strong but a bearish miss for the third week in a row.
As for oil, the supply discipline is not not enough to trigger aggressive buying, the demand has to recover from the pandemic. Unless there is a company specific event, one shouldn't expect a lot in the near term.

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