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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 MyHoneyPoton May 10, 2024 9:17pm
141 Views
Post# 36034827

Kelt Production focus Rampup

Kelt Production focus Rampup
Q2 - adding 20 MMcf of production at Oak – 4,000 boe/day capacity + 2 wells completed in Q1 + 3 wells completed Q2.
Q2 – adding 6.8 MMcf of gas processing at Wembley (May-June) 2500 boe/day (57% Liquids).

Q3 – 2500 boe/day at Wembley for full quarter- gas plant repair.
Q3 – 3 more wells at Oak = total of 8 wells
Q3 - Pouce Coupe/Progress/Spirit River Division (Pouce Coupe + Charlie Lake wells) 6 wells in total
Q3 – Pouce Coupe West  (3 high deliverability Montney wells (gas))

Q4 – Wembley gas plant adds 50 MMcf day.
 
Kelt is plant constrained and requires the addition of gas process to increase production.

Its off to the races and the CF is going to explode at Kelt. 

IMHO

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