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Bullboard - Stock Discussion Forum 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... see more

TSX:KEL - Post Discussion

Kelt Exploration Ltd > what ate you talkin about
View:
Post by InsideEnergy on Nov 26, 2021 1:19pm

what ate you talkin about

wembley is far from Oak.  Processing at wembley is eazy. lots of plants in that area and lots of pipes in  the ground.  Oak is different.  It is out of the mainstrean montney growth areas.  Kel would have limited processing.

so I ask you owners once again, if you have so much interst and own kel for Oak, who owns area plants and what capacity is open?  does the area have capacity for kel to process say 50Mmcfd?  I doubt it exist there yet.  You owners should know.  If I were long it is something of import I would know.

I know pipe and wembley and progress and valhalla have lots of mid streamer plants... well a least 4 I know of.. but Oak... not sure, so come on longs someone must know for goodness sakes. what kind of investors own a gas producer and condy to a leaser extent, make no mistake kel is still a gas heavy producer and will be as 60 so percent of their commodity mix is gas, you need to know if it has plants to grow, or maybe it is constrained for a few years until the plants catch up to the growth.

kel is hit harder than others today, and you could have read I sold aav a few days ago with a 4 bagger.  graet timing there.. 
made out well there and movin on.. still got aav and kel and nva on my radar if they correct 20% or so I might buy back into one of them but kel would need to prove to me they have the ability to grow at Oak and that means processing the gas from Oak.  is it there.. not sure will wait for maybe one kel investor with the smarts to know that imporatnt bit of dd, goodness sakes guys get with it
Comment by PabloLafortune on Nov 26, 2021 2:38pm
Whatever the reason, the latest presentatoin and PR downplays Oak in favor of Wembley. They have done this more than once this past year (ex Pouce Coupe Oil), which shows the diversity of their asset base and their nimbleness.
Comment by InsideEnergy on Nov 26, 2021 4:00pm
yes they have a few plays, obviously. Most decent co have a few areas or lots more as they grow, means really little. Wembley has great wells, aav and tou and nva and a bunch of privates drilled that area for years.  There is and oil pool in the D3 layer there on some land blocks and it looks like kel has oil on there rev statement so....  It does produce a lot of water.  so  ...more  
Comment by Cheadle12 on Nov 26, 2021 11:19pm
"On November 3, 2021, Kelt started up the Oak 6-35 facility. There are currently 11 wells connected to the facility. These wells continue to clean-up and initial production rates are meeting the Company’s expectations. The facility has gas compression capability of 33.75 MMcf/d, oil handling capability of 6,290 bbls/d and water handling capability of 7,550 bbls/d" ~TGC.
Comment by Cheadle12 on Nov 26, 2021 11:26pm
Could probably expect them to build out their own gas plant at Oak or continue to ship to mcmahon, like they did with altagas at Inga. At Oak/Flatrock, Kelt commissioned the start-up of the newly constructed Oak 6-35 facility on November 3, 2021. There are currently 11 Montney wells connected to the facility. These wells continue to clean-up and initial production rates are meeting the Company ...more  
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