Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 29, 2024 1:21pm
232 Views
Post# 36201540

Looks at the AAV pivot....

Looks at the AAV pivot....They evaporated a ton of capital on buying back shares.

The put the expansion of the Glacier Gas plant on hold indefinitely.

They took on a ton of debt and bought into Charlie Lake in Kelts core area. 

They say in their presentation that Wembley/Charlie Lake is approved for full development. 

If that is not a pivot in strategy, and confirm by Eric Nuttal who wanted a dry gas name and AVV dupped him with the bait and switch. 

Dry gas is very high risk and what is important is a quick return on capital. 

Simply confirms that Kelt is doing the right things, IMHO

MHP
IMHO
<< Previous
Bullboard Posts
Next >>