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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 MyHoneyPoton Sep 15, 2024 10:10pm
84 Views
Post# 36224866

RE:Wembley and Oak Comparable transactions

RE:Wembley and Oak Comparable transactionsGood analysis, buy my comment would be this.

Hammer head had high liquids but it was more gas based liquids, and it was not all condensate they was other NGL's in the mix.

I just don't think it was as good as wembley/pipestone, and it did not have any Charlie Lake associated with it.

Also Hammer head was a very short term play/company and  had no were the same amount of delination work done, Veren was anxious to buy the play but it was futher to the east i believe and not compariable to some other liquid rich plays in the area.

CPG/Veren paid up big for an early stage development project. 

IMHO


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