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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 gassygeezeron Jan 10, 2023 7:36am
156 Views
Post# 35212824

RE:RE:RE:RE:Plan?

RE:RE:RE:RE:Plan?Buybacks while waiting for 3rd party debottlenecking make sense, although I would prefer FCF invested towards high netback production with associated infrastructure/processing JVA. to ensure assets can be monitised vs stranded...CNRL/CVE et al seeking appropriate acquisitions typically buy stressed assets during problematic pricing...

What I dislike are companies that have run into issues that change the business dynamic, like encountering H2S/corrosion issues in a company with minimum expertise in same..such factors change a play fast for JCP's...i also own Pipestone

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