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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 Aug 28, 2024 1:48pm
115 Views
Post# 36199735

Reality will raise it Head, Economics will Prevail....

Reality will raise it Head, Economics will Prevail....
Ultimately reality will be recognized with Kelt and it highly oil prone prospects areas

Many other companies just have to pack it in on and their plays are only viable in fair weather economics, like Crew, like ARX sunrise that they poured millions into and now is shut in. 

Plays like Charlie lake have pretty well funded the delination of Wembley/Pipestone Montney, the establishment of Pource Coupe North, and even moved Oak along. 

A time is coming when companies with the best play area's with the best economics will be reward, and Kelt will get a bright first place ribbon for the quality of their play areas.

CVS Albight is the catalyst for improved cash flow, and the key to opening the door for significant increased in cashflow and production for Kelt. 

Kelt is highly undervalued, and because of its resource a much safer investment that most, with a solid common sense stragety to return capital to shareholders. 

MHP

IMHO
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