Kelt Exploration Ltd T.KEL

Alternate Symbol(s): KELTF

Energy Oil & Gas E&P

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

Kelt Exploration Ltd > Irons in the Fire ,... 77% UPSIDE

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Comment by PabloLafortuneon Aug 12, 2024 5:55pm

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Post# 36175407

RE:RE:RE:RE:RE:RE:RE:Irons in the Fire ,... 77% UPSIDE

The BNN Interview with Mike Rose is worth a listen. He said:

- the Crew asset will be in maintain production mode

Groundbirch is likely a '27/'28 project and is not currently in the 5 year plan.

- the acquisition is accretive for TOU - makes sense ex hedges etc since Crew is 21% condensate.

- was a competitive process ie more than 1 buyer expressed interest.

- LNG Canada should firm up NG prices since currently supply and demand is in balance. IOW he's not expecting supply to increase as much as demand.

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