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 Downtime Commencing 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 upon and...
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 HIGHLIGHTS Three 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 gas marketing...
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 the outcome...
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
Kelt Provides Results of Its Oil & Gas Reserves Evaluation Effective December 31, 2020
Calgary, Alberta--(Newsfile Corp. - February 25, 2021) - 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, 2020. 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, 2020. The Company has a Reserves Committee which oversees the selection, qualifications and...
2021-02-25 8:30 AM EST
Kelt Releases Inaugural ESG Report
Calgary, Alberta--(Newsfile Corp. - January 7, 2021) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") is pleased to announce the release of its inaugural ESG Report, dated January 7, 2021, as part of its ongoing commitment to health and safety, responsible and sustainable resource development, good governance practices and community engagement. The ESG Report highlights many of the Company's achievements, including: a 25% reduction in injury related incidents in 2019, compared to...
2021-01-07 8:30 AM EST
Kelt Reports Financial and Operating Results for the Three and Nine Months Ended September 30, 2020
Calgary, Alberta--(Newsfile Corp. - November 10, 2020) - 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, 2020. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTSThree months ended September 30Nine months
2020-11-10 8:30 AM EST
Kelt Announces Completion of the Sale of Its Inga Assets
Calgary, Alberta--(Newsfile Corp. - August 21, 2020) - Kelt Exploration Ltd. (TSX: KEL) ("Kelt" or the "Company") has completed its previously announced disposition of oil and gas assets in its Inga/Fireweed/Stoddart Division (the "Inga Assets"), located in British Columbia, to ConocoPhillips (the "Purchaser"). The effective date for closing adjustments relating to the disposition was July 1, 2020. Kelt received gross cash proceeds of $510.0 million, prior to closing adjustments. In addition,...
2020-08-21 2:30 PM EDT