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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 teashadeon Oct 07, 2024 4:36pm
89 Views
Post# 36256784

RE:RE:RE:Run Up is Commodity Price Driven -Oil

RE:RE:RE:Run Up is Commodity Price Driven -OilMy ideal scenario is a CR style equity deal with a larger, dividend paying outfit at a reasonable premium. Defer taxes, get into a better space that is properly managed [I'm too old to think that 'we're so lean we don't hedge, have any processing, or waste time on quarterly calls taking question' is a selling feature] at a discount. I don't know who will do that, I think TOU has played their cards for now and ARX is busy with Attachie and CNQ spent their allowance.

Don't have the patience for Oak to be anything other than a promise. LGN is in the same neighborhood and I will take my chances there, hoping to be out of KEL entirely in the next few quarters.
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