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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 Oldnaggeron Apr 13, 2022 1:52pm
127 Views
Post# 34601125

RE:RE:kel metrics superior to cr

RE:RE:kel metrics superior to crJust to further explain my thoughts concerning debt. In todays market ,wells  once completed can usually payout in less than a year. So hedge for a year out (the curves for  gas are essentially flat ) , borrow the money drill complete and produce. Rinse and Repeat . Maybe KELT can gain some infrastructure at the same time. Of course all this may be held up by spring breakup !! For CREw they are using cash flows during spring break upto repay debt
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