Bought More TodayEverytime you drill those boomer Charlie Lake wells that takes the #1 and #2 spots for best wells in the province, you likely have identifed many more locations which you would expect similar results from.
KEL takes 4 top wells while taking #1 and #2 position link Today i was helping myself to cheap Kelt shares, currently Kelt is transing so cheap it could not be replace for the value of the current market cap. Especially after they added all those reserves this year, kelt is trading for a song.
Kelt will not be trading this cheap for to much longer, and Charlie Lake and Pipestone both liquids rich oil targets are totally aligned with current market conditions.
Tomorrow is the share holder meeting, and i am hoping we get more info regarding additional Charlie Lake wells and that POU 4 well pad. Make sure you attend the meeting.
Meeting URL Click Here Password (case sensitive): kelt2023 Kelt should be a lot higher, my price target is north of 10 dollars in January 2024.
IMHO