Kelt released fourth quarter financial and operating results that were in line with our forecast. The Company alluded to a few key wells that the market was looking for updates on given the potential for new development opportunities in new Montney layers within its existing core areas. The Company has provided some colour on this and it is positive, though we are not formally quantifying this at this juncture. We do believe heightened capital reinvestment efficiency will occur, and to that end, ....
08 Mar 2016
Reports Fourth Quarter In Line, materially Lower Cash Costs, Strong Initial drilling Results on new montney Intervals
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Reports Fourth Quarter In Line, materially Lower Cash Costs, Strong Initial drilling Results on new montney Intervals
Kelt Exploration Ltd. (KEL:TSE) | 0 0 -0.4% | Mkt Cap: 1,279m
- Published:
08 Mar 2016 -
Author:
Robert Fitzmartyn -
Pages:
7
Kelt released fourth quarter financial and operating results that were in line with our forecast. The Company alluded to a few key wells that the market was looking for updates on given the potential for new development opportunities in new Montney layers within its existing core areas. The Company has provided some colour on this and it is positive, though we are not formally quantifying this at this juncture. We do believe heightened capital reinvestment efficiency will occur, and to that end, ....