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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 13, 2024 10:37am
71 Views
Post# 36036745

Kelt presents amazing investment opportunity

Kelt presents amazing investment opportunityThe fact that Kelt can raise it bank line to 150 million without any fanfare, just show the strength of this balance sheet. 

Pablo Lafortune may be right, and they may want to consider buying back stock here because we know that CF is ramping up, and they are a few months away from more production at Wembley. 

We we know that Oak will be ramping up this quarter with the increased processing capacity, and a number of gas wells coming on stream. 

Kelt looks like it is exploding with opportunity, Wembley is ramping up, with the opportunity of a third party pipeline that will provide future processing capacity.

I think that Kelt is a no brainer purchase, and is a very clean company in terms of it balance sheet. Not like some others....

IMHO


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