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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 > Kelt 2024 - a YEAR of stellar growth
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Comment by MyHoneyPoton Dec 04, 2023 8:16pm
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Post# 35768119

RE:RE:RE:RE:RE:RE:Kelt 2024 - a YEAR of stellar growth

RE:RE:RE:RE:RE:RE:Kelt 2024 - a YEAR of stellar growthI feel you pain, and i have bought more. 

I know that from Q3 2023 the last reported result to year end 2024 Kelt will more than double production. With a debt free balance sheet, and a very inteligent CEO who owns a ton of stock, he is not going to do anything stupid. 

I personnelly am waiting for the Keyera Pipestone expansion to come on line, that adds about 8500-9000 boe to Kelts production. Kelt had 2700 boe down because of facility issues in Q3 so they will be at a high when they exist this year in terms of cash flow. So in a few weeks i expect they will be producing 40,000 boe/day. 

All the oil stock are down right now it is the commodity world, Kelt is the best of the best in terms of land position and opportunity. 

I am sorry for the pullback but do not believe it is long term and have added to a way over weight position. 

IMHO
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