Kelt Exploration Ltd.
Keltâs aim is to achieve profitable growth by generating exploration and development plays that have multi-zone hydrocarbon potential. We take a balanced approach to capital spending, and day-to-day operations thrive on clear leadership, close teamwork and financial discipline with an overarching focus on health, safety and environment. The companyâs capital program is funded through prudent use of debt, share equity offerings and internally generated cash flow from operations.
Recent News
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Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2022
Calgary, Alberta--(Newsfile Corp. - March 3, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the fourth quarter and year ended December 31, 2022. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended December 31
2023-03-03 7:00 AM EST -
Kelt Reports Significant Increases in Oil and Gas Reserves and Provides an Operations Update
Calgary, Alberta--(Newsfile Corp. - February 16, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports on its oil & gas reserves and production for the year ended December 31, 2022. Kelt retained Sproule Associates Limited ("Sproule"), an independent qualified reserve evaluator, to prepare a report on its oil and gas reserves. The report is effective as of December 31, 2022. The Company has a Reserves Committee which oversees the selection, qualifications and reporting procedures of the independent...
2023-02-16 7:00 AM EST -
Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2022
Calgary, Alberta--(Newsfile Corp. - November 10, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and nine months ended September 30, 2022. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended September 30
2022-11-10 7:00 AM EST -
Kelt Provides an Update on the Impact of Current Western Canada Natural Gas Prices
Calgary, Alberta--(Newsfile Corp. - September 12, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an operations update with respect to the potential impact that current weak AECO and Station 2 spot gas prices may have to its 2022 operating and financial results.Production DowntimeCommencing during the third week of August 2022, daily AECO and Station 2 spot prices dropped significantly as a result of pipeline maintenance on the NGTL and T-South systems, an unplanned compressor failure...
2022-09-12 7:00 AM EDT -
Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2022
Calgary, Alberta--(Newsfile Corp. - August 4, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the three and six months ended June 30, 2022. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTSThree months ended June 30
2022-08-04 7:00 AM EDT -
Kelt Provides an Operations Update and Increases Its 2022 Capital Expenditure Budget by 13% to $300 Million
Calgary, Alberta--(Newsfile Corp. - July 6, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an operations update and changes to its capital expenditure budget for 2022.Energy related commodity prices during the first half of 2022 have increased substantially compared to the previous year. The global economy staged a recovery in energy demand as the world began to ease away from lockdowns and business interruptions experienced in 2020 and 2021 due to the COVID-19 pandemic. The...
2022-07-06 5:30 PM EDT -
Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2022
Calgary, Alberta--(Newsfile Corp. - May 5, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2022. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended March 31
2022-05-05 7:00 AM EDT -
Kelt Announces Results of Shareholders' Meeting
Calgary, Alberta--(Newsfile Corp. - April 21, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce that all matters presented for approval at the Annual and Special Meeting of Shareholders held on April 20, 2022 have been fully authorized and approved. A total of 114,149,022 common shares, representing 59.68% of the common shares issued and outstanding, were represented in person or by proxy at the meeting. A brief description of the matters voted...
2022-04-21 5:00 PM EDT -
Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2021
Calgary, Alberta--(Newsfile Corp. - March 10, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has released its financial and operating results for the fourth quarter and year ended December 31, 2021. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended December 31
2022-03-10 7:00 AM EST -
Kelt Reports Significant Increases in Oil and Gas Reserves and Provides an Update on Its Environmental, Social and Governance Performance
Calgary, Alberta--(Newsfile Corp. - February 17, 2022) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to report on its oil & gas reserves and production for the year ended December 31, 2021. Kelt retained Sproule Associates Limited ("Sproule"), an independent qualified reserve evaluator, to prepare a report on its oil and gas reserves. The report is effective as of December 31, 2021. The Company has a Reserves Committee which oversees the selection, qualifications and reporting procedures...
2022-02-17 7:00 AM EST