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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 Sep 09, 2024 5:43pm
60 Views
Post# 36215568

RE:RE:RE:RE:Hedge Funds pushing down Oil Price

RE:RE:RE:RE:Hedge Funds pushing down Oil PriceI own a few, probably more than you...

I am negative I admit. But also, you're not used to someone like me because unlike most people, I don't pander.  I'm what they call a Cassandra. I call a spade a spade.

Everything I've posted negative on Kelt is correct -1  they should be hedging, not hedging may have cost them Inga  2 The share sales by managers is way outside what's normal.  3 The allocation of resources drilling etc is not correct - Wembley is worth way more than Oak or Pouce Coupe West and the maximum resources should be spent here.

But I also posted the positive - Wembley is a home run, its the crown and the crown jewel. Someone said its worth $1.2B, I think its worth much more than that.
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