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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 27, 2024 8:37am
57 Views
Post# 36243737

RE:Oak essentially 200,000 contigious acres of Montney

RE:Oak essentially 200,000 contigious acres of MontneyThe 1.5yr well payback model Kelt outlined for Oak at ENERCOM Denver - enabled  by higher initial liquids - my guess doesn't work atall at $68 WTI.  And at $58 WTI, forget about it. Basically that profit model fails a low WTI stress test. At current oil and gas prices, not worth completing or bringing any of these wells on-line right now.
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