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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 Sep 23, 2022 10:15pm
237 Views
Post# 34983669

RE:RE:RE:Good Buying Day....

RE:RE:RE:Good Buying Day....Kelt held its own relative to others today so I was a seller but neutral O&G wise. Company has its pros and cons - pros are too numerous to mention, cons for me are SBC (ok all the Alberta small mid cap O&G have that problem) and hedging/marketing - I much preferred Kelt when they didn't hedge at all - the July presentation had 2022 hedge loss pegged at $2.xx, then $4.xx in August and lastly $6.xx in September?  No plans to sell more but I may buy if we hit the 4.xx mark although mind you, the stock usually goes up after I sell. ymmv.
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