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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 MyHoneyPoton May 17, 2023 11:19am
181 Views
Post# 35452488

Safe Place to Be!

Safe Place to Be!The good thing about Kelt is we know where they are going, their production is climbing rapidly, and they have no debt. 

Kelt is not commited to buying back shares because they can add more value through the drill bit, the Wembley Pipestone year end slam dunk for 7000 boe a day of additional production, should be a 25% share upside on that production alone. 

Kelt recompleted 8 vertical wells at charlie lake, just adding cheap and responsible production. I don't think those wells were represented in their plan?

Its easy to hunker down with the stock because management is doing the same and working in our best interest. 

Kelt is now an overweight position in my portfolio.

IMHO
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