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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 integrity11on Sep 20, 2024 9:15pm
15 Views
Post# 36234292

RE:Share Volume

RE:Share Volume

Thanks MHP. I noticed the volume has increased recently and although Kel like most good Canadian Oil & NG companies has had its ups and downs lately it recovers very quickly. 

Nymex has had a decent recovery recently ($2.40+) and hopefully AEC0/Stn2 will start to increase soon as the onset of winter gets closer. Of course any positive news on Shells LNG Canada project will for sure impact the NG price.. Hopefuil the it will start shipping LNG before summer 2025 as for 1.5 - 1.7 TCF/d will have a positive impacts for Canadian NG producers like Tou, CNQ, Arx, and smaller NG producers like Kel, AAV, WCP and Bir.
 

Of course no one knows when KEL gets taken out by a CNQ, Shell or other Canadian Oil & Gas company, but imo it happens before LNG Canada ships its first LNG tanker ship. This will be a great day for patient Kel shareholders . I had very similar words about CR approximately 2 months before Tou made their takeover bid for Crew. Wishful thinking  or realistic potential? I think both.

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