RE:RE:What will happen when CVS Albright comes onlinePabloLafortune - I am not really sure the last time Wembley/Pipestone has been operating at nameplate in terms of gas processing. I don't believe it has been since Q2 - 2023 is my guess.
In any case 55 thousand alberta + 7.5 Oak, would be a nice place to land in the not to distant future.
Really the longer the USA holds off on interest rate cuts the longer we have a lower Canadian dollar. The dollar is .7267 USA right today. In Canada we are looking for more rate cuts. If the Canadian dollar falls to .70 USA that would effectively be like adding 3% to the price of oil.
You will not find many plays with the liquids ration of Wembly/Pipestone, and now with gas processing ramping up, so will production quickly. In fact Kelt spent a lot of time proving reserves with single wells, and even todays production is not optimal. In 2024 all the drilling pretty well took place on three well pads.
It is a great time to add and with softness like today, time to add more. I like kelt because many of these companies have already leveraged themselves to the eye balls, Paying huge interest payments, Paying Dividends, and Buying back shares simply creates bigger government and robs share holders.
The Lower the Canadians dollar the better Kelts CF.
IMHO