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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Energy Oil & Gas E&P
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

Kelt Exploration Ltd > Something up?
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Comment by PabloLafortuneon Apr 10, 2023 11:10am
72 Views
Post# 35386667

RE:Something up?

RE:Something up?Exxon is looking at Permian shale, Pioneer Resources in particular. Why exactly we don't know..

Pioneer has 2.4B PROVED (not 2P) reserves 41% oil and 30% NGLs. Valued (EV) at over $55B USD. Kelt Wembley has close to 100M PROVED reserves I believe with perhaps 35% oil and 18% NGL. @C$1B (U$750M), Wembley is a bargain compared to Pioneer. Kelt total market cap is $1B. Draw your own conclusions.
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