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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

Post by PabloLafortuneon Jul 06, 2021 2:46pm
167 Views
Post# 33499918

Land tidbits

Land tidbitsJust based on the acreage reported on the July presentation vs April presentation, Kelt added 2 sections at Oak and 1 section at Wembley while 6 sections were subtracted from the rest of the Alberta Montney.

Also, we are now in the 30 day window to the Q2 report. As they did not add any new wells (to my knowledge) during the quarter, I'm curious to see how the production level held up.  The P&L should be good - gas prices were a little lower in Q2 than in Q1 but that is more than compensated by higher oil prices.
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