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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Kelt Exploration Ltd. is an oil and gas company, focused on the exploration, development and production of crude oil and natural gas resources in Western Canada. The Company primarily operates 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. Its 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 Apr 26, 2024 10:32am
83 Views
Post# 36009282

RE:RE:RE:RE:RE:RE:Development Strategy Going Forward -Delineation done

RE:RE:RE:RE:RE:RE:Development Strategy Going Forward -Delineation doneA 300 section resource at OAK, with good liquids is a massive resource. 

One of my long term holds - POU just did a 50% partnerhips with all of Chevon Lands and all of Apache Canada Lands in (Liard+Horn River) with Woodside Energy one of the largest LNG providers to the world. This 42 Billion dollar company is spewing CASH from this LNG operations and wants to be Global. Woodside would make sure the dry liard gas got the best price.

Kelt really could use a partner in OAK that could fund the resource development, and market the gas and if would be great if they were a LNG participant that would insure Kelt access to LNG exports. Kelt should consider it a great deal if they can fund the development of OAK and have access to future LNG exports. 

I think because of the small size of Kelt and the large size of the Oak resource they is and opportunity to partner and get that marketing and LNG access that seems to be lacking at Kelt. 

IMHO
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