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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

Post by CashFlowADayon May 06, 2024 4:39pm
138 Views
Post# 36025737

Wembley is worth more than the share price

Wembley is worth more than the share price

It is. 

 

They should take out some debt in 2025 or use cash flow to partially own a 49% plant to further expand Wembley to 40k BPD over x years.  

 

If not that, they should build their own plant at Oak.  Oak costs need to be as low as possible to compete on the nat gas stage with Tou, Advantage and Peyto. 


They can get this done. 

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