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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 MyHoneyPoton Jan 24, 2024 11:33am
104 Views
Post# 35843036

RE:Run up

RE:Run up Kelt was oversold, today there also was a big USA draw even though refinery utilization is down. 

EIA Inventory Report Link

Also it is all good around Kelt, companies are now buying back shares and paying trudeau 2%. Companies like CPG, ARX, CVE would rather pay Trudeau than the shareholders, that is a real problem. 

Kelt is not require fixing up..

Like CPG which has to much debt, or that has to many shares in it float, or like ARX with a management team that has no skin in the game. Most of these CEO are playing with other peoples money, but David Wilson is playing with his own fortune. As well as not taking a salary to boot, he is there for the shareholders.

Kelt has developed the play areas that other companies like CPG are buying, assembling, Kelt can build them buy scratch and it adds a lot of value for the shareholder. 

Kelt this year is in a year of transformation, and it is all good, expeciall for wemble, oak, and charlie lake development. 

IMHO


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