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 Advises of Impact of British Columbia Wildfires

Calgary, Alberta--(Newsfile Corp. - May 16, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company"), pursuant to an evacuation order issued as wildfires burn in close proximity to Fort St. John, has safely evacuated all of its personnel in its operating region at Oak, which is approximately 35 kilometres from Fort St. John. As a result, the Company has temporarily shut-in approximately 5,000 barrels of oil equivalent per day (77% gas) since the evening of May 15, 2023....

2023-05-16 8:30 PM EDT

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2023

Calgary, Alberta--(Newsfile Corp. - May 4, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2023. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended March 31

2023-05-04 7:00 AM EDT

Kelt Announces Results of Shareholders' Meeting

Calgary, Alberta--(Newsfile Corp. - April 20, 2023) - 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 19, 2023 have been fully authorized and approved. A total of 124,181,618 common shares, representing 64.67% of the common shares issued and outstanding, were represented in person or by proxy at the meeting. A brief description of the matters voted...

2023-04-20 5:00 PM EDT

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...

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...

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...

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...

2022-02-17 7:00 AM EST

Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2021

Calgary, Alberta--(Newsfile Corp. - November 10, 2021) - 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, 2021.The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended September 30

2021-11-10 7:00 AM EST

Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2021

Calgary, Alberta--(Newsfile Corp. - August 5, 2021) - 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, 2021. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended June 30

2021-08-05 7:00 AM EDT

Kelt Announces Board Appointment

Calgary, Alberta--(Newsfile Corp. - June 30, 2021) - The Board of Directors (the "Board") of Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce that it has appointed Janet E. Vellutini as a director of the Company effective July 1, 2021. Ms. Vellutini is a professional engineer and has extensive experience in gas marketing and most recently was a Marketing Consultant at a Calgary-based private energy company. She has over 30 years of experience in...

2021-06-30 6:00 PM EDT

Kelt Increases Its 2021 Guidance for Production and Funds from Operations with an Increased Capital Spending Program

Calgary, Alberta--(Newsfile Corp. - May 24, 2021) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing updated guidance for 2021.During 2020, revenue generated by sales of oil and gas were adversely affected by the precipitous decline in oil and gas prices as a result of the unprecedented destruction in demand for the commodities due to global lockdowns and business interruptions. Several pharmaceutical companies have now developed vaccines as a measure to prevent or...

2021-05-24 8:00 PM EDT

Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2021

Calgary, Alberta--(Newsfile Corp. - May 6, 2021) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2021. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTS Three months ended March 31

2021-05-06 8:30 AM EDT

Kelt Announces Results of Shareholders' Meeting

Calgary, Alberta--(Newsfile Corp. - April 22, 2021) - 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 21, 2021 have been fully authorized and approved. A total of 102,518,826 common shares, representing 54.36% 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...

2021-04-22 5:00 PM EDT

Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2020

Calgary, Alberta--(Newsfile Corp. - March 11, 2021) - 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, 2020. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTS

2021-03-11 8:30 AM EST

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