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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 PabloLafortuneon Apr 13, 2024 12:58pm
105 Views
Post# 35987523

RE:Scotia Bank upgrade April 12 - Kelt 9.50 BUY

RE:Scotia Bank upgrade April 12 - Kelt 9.50 BUYThe 2025 natural gas strip (HH) is better than it was and much much better than current prices. So depending on what AECO to basis is at right now, there may be an opportunity to hedge some. For a play like Pouce Coupe west specifically, that could make sense as it would allow Kelt to plan on bringing wells online there late '24/early '25 knowing the first year of production essentially pays for the D&C. Something to keep an eye out for sure in the next little while.
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