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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 PabloLafortuneon Mar 04, 2021 11:58pm
73 Views
Post# 32725359

RE:RE:Back in!

RE:RE:Back in!^ Current overall commodity price(s) ie gas AND NGLs are a benefit to Kelt actually per the reserves report. The price deck on those assumes $3 gas (slightly underwater today) and $46 WTI for 2021 ($63 today) which as the company pointed out in the February 25 reserves press release, "a significant portion of reserves that were written down due to economic factors would be reinstated" (at today's oil prices).
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