Kelt Exploration Ltd.

Kelt’s 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 company’s capital program is funded through prudent use of debt, share equity offerings and internally generated cash flow from operations.

Recent News

  • Kelt Announces Results of Shareholders' Meeting and Provides Corporate Update

    Calgary, Alberta--(Newsfile Corp. - April 23, 2020) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce that all matters presented for approval at the Annual Meeting of Shareholders held on April 22, 2020 have been fully authorized and approved. A total of 114,994,030 common shares, representing 61.23% of the common shares issued and outstanding, were represented in person or by proxy at the meeting. A brief description of the matters voted upon and...

    2020-04-23 4:30 PM ET
  • Kelt Provides Update Regarding Its Annual Shareholders Meeting and Provides an Operations Update Including Cost-Cutting Measures

    Calgary, Alberta--(Newsfile Corp. - April 9, 2020) -  Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") announced today that its upcoming Annual Meeting of Shareholders ("Shareholders Meeting") will now be held at the Company's head office at Suite 300, 311 Sixth Avenue SW, Calgary, Alberta. The Shareholders Meeting date will continue to be on Wednesday, April 22, 2020 at 3:00 PM Mountain Daylight Time. Due to the unprecedented public health impact of the coronavirus disease ("COVID-19") and the...

    2020-04-09 7:00 AM ET
  • Kelt Reduces 2020 Capital Expenditure Program by 36%

    Calgary, Alberta--(Newsfile Corp. - March 17, 2020) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") announces that it's board of directors has approved a reduction in capital expenditures for 2020. The Company has reduced its capital expenditure budget by $80.0 million or 36% to $145.0 million (previously $225.0 million).The energy industry continues to experience high volatility with lower crude oil prices driven by fears of a retraction in global economic growth and increases in crude oil supply...

    2020-03-17 5:00 PM ET
  • Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2019

    Calgary, Alberta--(Newsfile Corp. - March 9, 2020) - 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, 2019. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS   ...

    2020-03-09 7:00 AM ET
  • Kelt Reports Significant Increases in Oil & Gas Reserves and Net Asset Value per Share as at December 31, 2019

    Calgary, Alberta--(Newsfile Corp. - February 20, 2020) - 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, 2019.The audit of Kelt's 2019 annual consolidated financial statements has not been completed and accordingly all financial amounts relating to 2019 referred to in this press release are unaudited and represent management's estimates. Readers are advised that these financial estimates are subject to audit and...

    2020-02-20 8:00 AM ET
  • IIROC Trade Resumption - Kelt Exploration Ltd.

    Toronto, Ontario--(Newsfile Corp. - January 18, 2017) - Trading resumes in: Company: Kelt Exploration Ltd.

    2017-01-18 1:23 PM ET
  • IIROC Trade Halt - Kelt Exploration Ltd.

    Toronto, Ontario--(Newsfile Corp. - January 18, 2017) - The following issues have been halted by IIROC: Company: 

    2017-01-18 1:15 PM ET
  • IIROC Trade Resumption - Kelt Exploration Ltd.

    Toronto, Ontario--(Newsfile Corp. - April 11, 2016) - Trading resumes in: Company: Kelt Exploration Ltd.

    2016-04-11 7:21 AM ET