Kelt is a Player in the Charlie Lake Kelt has significant acreage in the Charlie Lake and it is a very complementary play to the Montney, as it is mutizone, (Lower, Upper), and comes on often with more than 70% oil.
Kelt has just brought on a Charlie Lake well in Wembley, and balancing the development of stacked in conjunction with Montney is a good way to optimize the production in a given area.
Kelt is one of the top 5 Charlie Lake players, and this is a very economical play, that improves the economics of the montney and in the case of wembley adds additional zones.
Kelt is adding 50 MMcf at Wembley in a few short months, and CVS is in the process of hiring people to staff this gas plant as we speak.
IMHO