Post by
MyHoneyPot on Apr 18, 2024 8:52am
Annual Meeting
I am not sure which of my friends here we able to attend the annual meeting for Kelt.
I was in attendance, by had to leave in the middle of the meeting to deal with some business.
What i did hear was that they are currently esentially debt free, we will get the numbers in a few weeks in the earning results, before May 9,2024.
We also heard they were going to go hard at Oak, and i believe that have more plant coming on in April, and they feel towards the end of the year gas prices will get better for a period of time with LNG Canada coming online. Kelt feels that station 2 may become one of the best places to unload gas.
Like i said i was unable to hear what David Wilson had to say, but they did say when all their gas plants come on they will be producing 66,000 boe/day. Asuming their current same ratio's.
I have asked Kelt to post a link to the anual meeting if possible, as i missed half of it.
Maybe there are some other highlights that people picked up on that they could share.
IMHO