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Kelt Exploration Ltd T.KEL

Alternate Symbol(s):  KELTF

Energy Oil & Gas E&P
Kelt Exploration Ltd. is an oil and gas company, focused on the exploration, development and production of crude oil and natural gas resources in Western Canada. The Company primarily operates 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. Its British Columbia assets are operated by Kelt Exploration (LNG) Ltd., a wholly owned subsidiary of the Company.


TSX:KEL - Post by User

Kelt Exploration Ltd > Development Strategy Going Forward -Delineation done
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Comment by PabloLafortuneon Apr 25, 2024 5:54pm
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Post# 36008186

RE:RE:RE:RE:RE:Development Strategy Going Forward -Delineation done

RE:RE:RE:RE:RE:Development Strategy Going Forward -Delineation done2P was 217MM at y/e '23, no Charlie Lake reserves booked afaik.

Btw, AAV oil and conde volume down 15% from Q4 to Q1. Extrapolated annual CF $270MM. Q2 will be even worse I believe for relatively unhedged producers. Natgas = Tough business. No wonder Mike Rose was CEO of the year.  Making silk purses out of ...Fortunately, most (eg see Antero news release) believe production cuts, higher power demand (summer - wind driopped almost 200 GW yesterday, natgas and coal took up the slack) and LNG bounceback will make 2025 a much better year than 2024.
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