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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

Post by MyHoneyPoton Sep 24, 2024 3:16pm
109 Views
Post# 36238935

Kelt has many things material happening....

Kelt has many things material happening....
Base Processing Restored (Wembley/Pipestone)

Kelt for a significant amount of time, had impaired gas processing at Wembley/Pipestone. Currently Kelt has the most base gas processing it has had for quite some time (Maybe a Year)

Pad Results (Wembley/Pipestone)

2024 Development Program: 14-2 pad → 6 wells 14-9 pad → 5 wells 14-26 → 3 wells 

14-2 pad → 6 wells
             Kelt has never had a six well production, it will be exciting to see the economics at                                 Wembley/Pipestone for the drilling costs for a 6 well pad, and pad production volumes. 
14-9 pad → 5 wells
             Kelt has never had a six well production, it will be exciting to see the economics at                             Wembley/Pipestone for the drilling costs for a 6 well pad, and pad production volumes. 

North Pouce Coupe Battery
            The completion of Charlie Lake DUCS and additional Charlie Lake production. 

Spirit River Charlie Lake
             There are six Charlie Lake wells coming on stream between now and year end. 

CVS Albright Gas Plant
              This plant should start up in the 4th quarter adding 50 MMcf of process and associated                       liquids. 

Here are a few events, anyone on its own does have a major impact on production and economics of production.

Kelt is off to the races. 

No dry gas shutin here. 

Best oil weighted montney play in Canada.

MHP
IMHO
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