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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 MustangMatton Jan 22, 2024 3:43pm
108 Views
Post# 35839569

RE:RE:Short Kel

RE:RE:Short KelShort sighted that's a laugh.  I owned Celtic in 2012 when it got bought out and Kel spun out.  I HAD kept some since 2013, bought and sold various amounts, but always held at least some. 

The list of things that don't add up with Kelt is long

1. Selling Fireweed at the bottom because they were over leveraged

2. High decline rates

3. Pigs at the trough gourging themselves on options

4. Poor hedges, lack of hedges

5. Poor relationships with banks

6. Lack of control and ownership of infrastructure

7. Poor marketing of the company

8. and on and on.

No more! good luck to all, cheers Matthew

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