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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 May 25, 2021 2:45pm
73 Views
Post# 33261156

RE:RE:RE:RE:RE:Kelt Increases Its 2021 Guidance

RE:RE:RE:RE:RE:Kelt Increases Its 2021 Guidance Sorry, I was talking about their own gas handling (compression?), water handling, liquids handling etc. they've said they have 45,000 mcf/day at Wembley for gas + 7,500 liquids I think.  I assumed there's plenty of 3rd party processing but probably not since they've specifically mentioned Oak as having this big pipe and this big 3rd party plant they've access to.

Based on the planned cadence, they can grow at a pretty good pace without borrowing.I don't mind if they borrow, they could hedge and protect themselves I suppose.
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