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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 MyHoneyPoton May 17, 2024 9:45am
76 Views
Post# 36045198

RE:RE:RE:RE:Most of the Liquids are removed in the Field Batteries

RE:RE:RE:RE:Most of the Liquids are removed in the Field BatteriesLook at some other companies that have weakness in their balance sheet. 

VEREN alias CPG spent over sixty million on interest charges last quarter, they management long term incentive plan they topped up with 60 million and they rewarded shareholders by buying back 10 million dollars in shares in Q1?

These finance charges, are usually loaded up with comission, fees, and price reductions in the offers, or asset writedowns like CPG just did in their last deal. CPG has evaporated a boat load of shareholder value by blowing up the company, they putting it back together piece by piece a very expensive endeavor. 

Kelt is speaky clean when i compare what they do, to other companies. Kelt people put over a 140 million of their own cash into the company. Arx, CPG, etc Ceo's put nothing worth metioning. 

Kelt is going to add a lot of value in reserverves, and its at the cusp of major cashflow increases. I think your worried about the wrong things right now in my opinion. 

IMHO
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