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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 Jun 20, 2024 9:36pm
138 Views
Post# 36099229

Free Liquids 2/3 of production Liquids

Free Liquids 2/3 of production Liquids
I was curious what percentage of the Liquids were considered Free Liquids, so i put the question to Kelt. 

They told me approximately 2/3 of the liquids are free liquids. I believe the free liquids can be removed at the batteries in the field. 

Shareholders are suppose to use this slide for reference (Link)

So if the 2/3 number works for Wembley and Liquids is 60% (59-62%), that would mean 66% of liquids would be removed in the field. (40% of the field volumes)

So this is my 109 MMcf of gas processing is 18,100 boe/ .6 = 30166 boe/day from Wembley with 2/3 recover of liquids and 60% liquids in the production mix. 

So 30,000 boe/day from wembley/pipestone + everything else, does that look correct?

To the best of my understanding, open to corrections. 

MHP

IMHO
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