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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 PabloLafortuneon Aug 30, 2024 2:56pm
76 Views
Post# 36203207

RE:RE:RE:RE:RE:RE:Kelt's Oak Dilemma (amateur hour)

RE:RE:RE:RE:RE:RE:Kelt's Oak Dilemma (amateur hour)You make a couple of interesting points. First, David Wilson's time horizon. Yeah if he's willing to wait 5-10 years before selling Oak, then surely he can wait 3-4 years for Wembley.  I'm not as patient so I choose - sell Oak now so that Wembley can be sold in 3-4. 

The 2nd important point is Mike Rose and Crew. Crew mgmt to me had an emotional attachment to Groundbirch, it was their baby so to speak. So they kept making decisions money and time to move it forward. Whereas Mike Rose has no attachment, he's putting it on the backburner right away. IMO Oak is to Kelt what Groundbirch is to Crew.

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