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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 Aug 26, 2024 10:42am
65 Views
Post# 36195984

RE:RE:Advantage Powerpoint Slide 20

RE:RE:Advantage Powerpoint Slide 20I don't buy that thinking, and we believe that Kelt will exit 2024 somewhere around 50,000 boe/day. 

Kelt if it wants could only drill Charlie lake 70% oil or Wembley/Pipestone (50-62% NGL'S)

Even Oak they said produced 100-150 boe/liquids per mcf initial production, so a quick return on Capital. 

We know that Kelt needs more gas processing at the right places, and it is coming on soon. 

This is the low point in the gas market, ARX spent a lot of money on bone dry gas, and now it is shut in. No liquids and expensive electrification on a postage stamp play area.

IMHO


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