Kelt Exploration Ltd T.KEL

Value of Kelt was improved by these two industry events

[MyHoneyPot]

Event 1:
AAV purchase of Charlie Lake/ Montney assets and the shelving of future expansion at the Glacier gas plant. 

Event 2:
Crew Sale to TOU, has reduced the number of Liquids Rich assets that may be available in the market place. 

The Duvernay Assets for sale by Chevron are still in play but my guess but from what i have heard is that they want a lot for these assets, and there is not a lot of companies that want to spend north of a billion dollars for these assets. 

Kelt keeps improving its value everyday, and there is a lot of industry interest in their play area, their portfolio is getting better recognized.

It appears the industry truely is getting more disciplined. 

IMHO

[PabloLafortune]

What Advantage paid equates to ~ to what Kelt Pouce Coupe division is worth today. And assuming Kelt realizes similar liquids in their Pouce Coupe plant capacity expansion, that would imply a value of around $600-650MM for Pouce Coupe or $3 per share. The other very interesting metric to me is what AAV acquired only needed 60MMcf of plant capacity to produce $140MM of field cashflow (price paid /