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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 Nov 22, 2022 1:37pm
133 Views
Post# 35119308

RE:RE:RE:RE:Sleeper play

RE:RE:RE:RE:Sleeper playHope is not a strategy. The cashflow in 2023 should exceed the capex by quite a bit which should allow them to opportunistically secure more NG diversification or basis. (Oil is more of a short term thing, I could see 50% for 3-6 months.) And if AECO goes haywire again they can just shut wells down (as producer debt goes down, more of them will shut production down and the power will revert to them). above is a given IMO as is long term potential (Charlie Lake alone...). My question is, where are they drilling in Alberta in 2023 and where are they not.... Because theyre drilling less there yet they've added a play (Wembley Charlie Lake).glta
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