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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 Jun 17, 2024 11:39am
71 Views
Post# 36092145

RE:RE:RE:I wish these CLOWNS were as good at raising the share price

RE:RE:RE:I wish these CLOWNS were as good at raising the share priceLets not forget that the company has a $22.75 Nav, and have drill at least 15 wells, 14 montney wells in the Wembley/Pipestone area that really will not start producing until Q4, 2024.

Thats at least 150 million worth of exploration, so the reserve report will likely go through the roof next year with 32 wells completed in 2024. 

32 mostly montney and charlies lake wells for a company that produced 28,000 boe/day in Q3 2023 when it first surface they were having some plant issues at Wembley/Pipestone. 

This is one of the best Montney plays around, and what other montney plays have multi horizion charlie lake as well. 

We are about 2 months away and people will appreciate where you should put your capital for big returns. 

IMHO
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