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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

Post by Seppelton Feb 18, 2023 8:52am
243 Views
Post# 35293465

KAPS pipeline

KAPS pipelineKeyera recently said the pipeline is 99% complete, line-fills begins. It will carry Condensate/NGLs from its Pipestone plant east to markets. Also, Pipestone capacity will be increased to 260 million cf/d by 2024. Brings more value to Kelt and other players in the area. Too many players, I think, and won't be surprised if there is some land consolidation.
In the meantime, the record warm winter and Freeport outage severely damaged nat gas prices and oil is trading sideways, up and down. Some analysts expect higher prices in the second half. I hope sooner.
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