What will happen when CVS Albright comes onlineKelt underspent their Capex the first quarter, and they added 26.8 MMcf of processing in Q2.
Now they are looking to add 50 MMcf of processing capacity in Q4.
56.8 (74%) more processing in Wembley/Pipestone, 20 MMcf (26%) in Oak.
Kelt Wembley/Pipestone asset is one of those assets that could produce 80,000 boe/day for 25 years.
All it has for gas processing before the plant repairs is 52.2 MMcf and by the end of the year it will be 108 MMcf, more than double the production for their highest netback area.
Kelt is worth way more than AAV or many other stocks and trading at a major discount In My Opinion.
MHP
IMHO