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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 Apr 21, 2023 6:48pm
56 Views
Post# 35408206

RE:Charlie Lake what are the Economics Like

RE:Charlie Lake what are the Economics LikeTamarack's operating costs are $9, that is very low for 80% liquids so Charlie Lake being a low cost play is believable (why I do not know). With natgas prices cratering for the past 6 months, and oil being so volatile, it probably behooves you to turn on a dime, stop drilling gas wells incl. Oak and drill low cost oil wells ie Charlie Lake instead. Doesn't do much for end of year reserves probably but it maximizes cashflow.
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