Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2025
Calgary, Alberta--(Newsfile Corp. - May 8, 2025) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2025. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended March 31
2025-05-08 7:00 AM EDT
Kelt Provides Results of Its Shareholders' Meeting and Announces Changes to Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - April 24, 2025) - 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 23, 2025 (the "Meeting") have been fully authorized and approved. A total of 133,350,639 common shares, representing 67.5% of the common shares issued and outstanding, were represented in person or by proxy at the meeting. A brief description of the matters voted...
2025-04-24 8:00 AM EDT
Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2024
Calgary, Alberta--(Newsfile Corp. - March 13, 2025) - 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, 2024. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended December 3
2025-03-13 7:00 AM EDT
Kelt Reports 2024 Production Volumes and an Update on the Company's Engineering Evaluator
Calgary, Alberta--(Newsfile Corp. - February 20, 2025) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or "the Company") is pleased to report on its 2024 production volumes and exit rates, together with a change of its qualified reserves evaluator.Kelt's average production for 2024 was 33,115 BOE per day (37% liquids and 63% gas), in line with previous guidance. Kelt ended the year on a strong note exiting with average December production of 38,369 BOE per day (38% liquids and 62% gas)....
2025-02-20 7:00 AM EST
Kelt Provides 2025 Financial and Operating Guidance and Sets Its 2025 Capital Expenditure Budget at $328 Million
Calgary, Alberta--(Newsfile Corp. - January 6, 2025) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing financial and operating guidance for 2025. The Company expects to incur $328.0 million in capital expenditures during the year and is forecasting to generate $345.0 million in adjusted funds from operations in 2025.The following table outlines Kelt's forecasted average commodity price assumptions for 2025 with actual 2023 and forecasted 2024 commodity prices shown for comparative purposes:
2025-01-06 7:00 AM EST
Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2024
Calgary, Alberta--(Newsfile Corp. - November 7, 2024) - 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, 2024.The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended September 30
2024-11-07 7:00 AM EST
Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2024
Calgary, Alberta--(Newsfile Corp. - August 8, 2024) - 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, 2024. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended
2024-08-08 7:00 AM EDT
Kelt Will Postpone Start-Up of New Natural Gas Wells to Q4 2024, Expects to Exit 2024 with Production in the 45,000 to 50,000 BOE per Day Range
Calgary, Alberta--(Newsfile Corp. - July 5, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an operations update and changes to its 2024 guidance. Due to the current higher than average natural gas storage inventories in both the United States and Canada, current natural gas prices have been weak at North American pricing point hubs; especially at AECO and Station 2 where gas prices have dipped below $1.00/GJ. Kelt has elected to defer the start-up of...
2024-07-05 7:00 AM EDT
Kelt Reports Financial and Operating Results for the Three Months Ended March 31, 2024
Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports its financial and operating results to shareholders for the first quarter ended March 31, 2024. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended March 31
2024-05-09 7:00 AM EDT
Kelt Announces Results of Shareholders' Meeting
Calgary, Alberta--(Newsfile Corp. - April 18, 2024) - 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 17, 2024 have been fully authorized and approved. A total of 122,811,008 common shares, representing 63.11% 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...
2024-04-18 5:00 PM EDT
Kelt Reports Financial and Operating Results for the Quarter and Year Ended December 31, 2023
Calgary, Alberta--(Newsfile Corp. - March 8, 2024) - 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, 2023. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months ended December 31
2024-03-08 7:00 AM EST
Kelt Reports Significant Increases in Oil & Gas Reserves and Provides an Operations Update
Calgary, Alberta--(Newsfile Corp. - February 22, 2024) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") reports on its oil & gas reserves and production for the year ended December 31, 2023. 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, 2023. The Company has a Reserves Committee which oversees the selection, qualifications and reporting procedures of the independent...
2024-02-22 7:00 AM EST
Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2023
Calgary, Alberta--(Newsfile Corp. - November 9, 2023) - 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, 2023. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months
2023-11-09 7:00 AM EST
Kelt Provides an Update on New Gas Processing Capacity, Upcoming Plant Maintenance and Changes to Its Board of Directors
Calgary, Alberta--(Newsfile Corp. - September 7, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to provide an update on new gas processing capacity acquired through various firm service arrangements that are expected to provide the Company with the ability to double its current production capability over the next three years. This increase in production capability will come while the Company maintains its oil/gas production mix at similar levels to its current production mix. The Company...
2023-09-07 8:00 AM EDT
Kelt Reports Financial and Operating Results for the Three and Six Months Ended June 30, 2023
Calgary, Alberta--(Newsfile Corp. - August 3, 2023) - 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, 2023. The Company's financial results are summarized as follows:FINANCIAL HIGHLIGHTSThree months en
2023-08-03 7:00 AM EDT
Kelt Restarts Production in British Columbia Previously Impacted by Wildfires
Calgary, Alberta--(Newsfile Corp. - May 23, 2023) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is providing an update on the wildfire situation in northeastern British Columbia in the vicinity of Fort St. John. As previously reported, Kelt had 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 had temporarily shut-in approximately 5,000 barrels of oil equivalent per day (77% gas)...
2023-05-23 4:30 PM EDT
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