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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 Sugareeon Jan 19, 2024 7:48pm
109 Views
Post# 35836874

RE:RE:Pumpers pumpers everywhere

RE:RE:Pumpers pumpers everywhereSo by your math comparing to CPG current valuation, KEL is worth today $2B today? If you are even somewhat close, with KEL market cap now at only $1B, double KEL share price to equal CPG.  If so, I do like that comparison, and debt free to boot. Thanks for the info.

PabloLafortune wrote: Crescent Point's EV is $9B for 200,000 boepd. 1/4 is Sask 97% oil/NGL, 3/4 is Montney etc 53% liquids which is more or less what Kelt Wembley is and will be. Kelt Wembley will be 1/3 of CPG ex Sask so worth $2.2B according to this? I think I'll take my chances.


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