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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 Nov 19, 2024 1:33pm
67 Views
Post# 36320116

RE:RE:RE:RE:Montney Wembley Capital efficiency

RE:RE:RE:RE:Montney Wembley Capital efficiencyPOU owns these assets and can develop them whenever they want to. But premium assets owned by other companies only become available once in a while and then they're pretty much gone forever. Case in point Kakwa. Its ARX's cash cow and they'll never sell it on its own.

I believe once the CSV plant is up and running at full capacity processing production from Kelt Wembley, and the 3rd zone is confirmed productive, Wembley should be for sale. 

I only mentioned AAV because there seems to be overlap with Kelt Alberta Montney and Charlie Lake lands, plus they operate their own plants which I think (amateur hour) has intrinsic value - save money, operate reliably, lower emissions.  However, Glacier their main asset is dry gas...  And that Entropy business seems messy to me (capex, 3rd parties involved, debentures?).
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