RE:RE:RE:RE:RE:RE:TD upgrade $8.50one other area you mess up on, you claim they must have sufficient infrastructure to bring on 14 wells.. only 2 are gas tho and that simply replaces decline right? the other are oil wells and all that takes is to bring storage tanks onsite and of course a pipe for the gas.. so not really anything about infrastructure.. I mean you got to understand what it takes for oil wells and what it tkes for gas wells. but then if you know that you would not have owned zar or tbe or was it both? and kel has little prcessing anyway, they always rely on mid streamers and if you think about that, the recent fed budget and the money for carbon capture means the mid stareamers will add c02 capture and to get that they will raise processing costs and that increased costs will weight more heavily on KEL with little processing for gas vs say, aav which have the processing and carbon capture.
as I see it kel misses the boat by not having their own plants. none the less I recently bought it so am more than happy to have made a decent return in such a short time. I am not the buy and hold guy, I trade the over priced for the under priced and simply churn that maybe every month or two