Kelt Exploration Ltd T.KEL

Buzz on the Bullboards: Quarterly reports and company mergers

[MyHoneyPot]

Exactly less ARO, extending the economical life of the well, lower overall costs, fewer tie in's, more meaningful work overs, etc.   That is what makes wembley/pipestone very attractive

[PabloLafortune]

When the biggest avenue by far for improved efficiency is lateral length, having various interests owning small blocks of land rights here and there that in effect block 3-4 mile wells is detrimental

[MyHoneyPot]

2.5 – 3.4 bcfe 2P reserves per horizontal Charlie Lk/Montney • $3.0 - $4.5M Charlie Lk/Montney horizontal Drill/Complete Cost • Upper Charlie Lake wells are profitable on a full cycle basis at $30

[MyHoneyPot]

That is a good point, and Wembley/Pipestone currently does not have a plan for expansion beyone 124 MMcf a day which could represent roughly 40,000 boe/day. Maybe the threshold for an asset sale. 

[PabloLafortune]

Industry consolidation.

[MyHoneyPot]

Kel it adding 70 million in Processing in Q2, and they have the produciton behing Pipe to fill that incremental processing capacity.  "In its Pouce Coupe/Progress/Spirit River Division

[Jonathon Brown]

This week also marks the heart of quarterly earnings season, when companies disclose their financial and operational performance. read article.

[MyHoneyPot]

My opinion is that it is going to happen fast Robert. This plant was suppose to be testing in Sept 2024, and they have been working towards it coming onstream for more than a year.  Kelt has a

[robert41]

Very fair statement I look forward to next fall and winter after a few quarters of production increases. The low debt is nice bonus that they don't have to deal with the float is low would be nice

[MyHoneyPot]

$150 million in debt, 125 Mmcf of gas processing being added in 2025.  70 Mmcf of processing capacity before the end of June 2025. (50 CVS Albright, 20 Mmcf Pouce Coupe) 40,000 boe/day last

[Quintessential1]

Maybe. Sustaining production above 90,000 Boe/d for the month of March, which exhibits our productive capability prior to our planned expansions coming on-stream later in the second quarter of

[PabloLafortune]

FYI, Nuvista has confirmed on a no names basis that CSV Albright will be up and running in June.

[Quintessential1]

LOL.  You know this is the KEL board and the market is meh on the VET results right?

[PabloLafortune]

A great quarter, the 40,000 boepd milestone has been reached. And we have a date for Albright to start processing Kelt's natural gas - June. Soon man soon! They have I'm guessing 17-20K boepd

[PressRelease]

Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2025. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTS...read article.

[MyHoneyPot]

$1.66 a share in FFO, considering the stock closed at $8.50.  that is not analized, so the way I look at it is that only a small amount of FFO is based on the fact the Westbrick contributed to