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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 gassygeezeron Sep 08, 2024 11:32am
94 Views
Post# 36213775

RE:Kelt in a stressed Commodity Enviroment

RE:Kelt in a stressed Commodity EnviromentSo MHP,what do you see ANY downside risk in this stock or strategy?

So far hedging not an issue to you going into dowwnward pricing cycle
Oak capex fine given potential suitors/prize
Insiders deserve more options and further dilution to manage the portfolio while the few remaining institutions/public wait out another cycle while bank debt increases to fund the promotion/production required to attract a sale. 
Sometimes blind faith becomes blinding
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