Kelt Exploration Ltd.

Kelt Exploration Ltd. 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 the outcome of the votes is [...]

Kelt Exploration Ltd. 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 HIGHLIGHTS Three months ended December 31 Year ended December 31 2023 2022 % 2023 2022 % Petroleum and natural gas sales 129,000 152,720 -16 495,580 613,358 -19 Cash provided by operating activities 62,477 63,742 -2 283,224 [...]

Kelt Exploration Ltd. reports on its oil & gas reserves and production for the year ended December 31, 2023. Kelt retained Sproule Associates Limited , 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 [...]

As a result of the quarterly review, S&P Dow Jones Indices will make the following changes in the S&P/TSX Composite Index prior to the open of trading on Monday, December 18, 2023: S&P/TSX COMPOSITE INDEX - December 18, 2023 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Kelt Exploration Ltd. Energy Oil & Gas Equipment & Services ADDED New Gold Inc Materials Gold DELETED Dye & Durham Limited Information Technology [...]

Kelt Exploration Ltd. 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 HIGHLIGHTS Three months ended September 30 Nine months ended September 30 2023 2022 % 2023 2022 % Petroleum and natural gas sales 116,948 143,254 -18 366,580 460,638 -20 Cash provided by operating activities 52,424 [...]

Kelt Exploration Ltd. 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 [...]

Kelt Exploration Ltd. . 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 HIGHLIGHTS Three months ended June 30 Six months ended June 30 2023 2022 % 2023 2022 % Petroleum and natural gas sales 110,061 178,938 -38 249,632 317,384 -21 Cash provided by operating activities 68,163 91,623 -26 168,323 [...]

Kelt Exploration Ltd. 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 since the evening of May [...]

Kelt Exploration Ltd. , 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 since the evening of May 15, 2023. The Company is not aware of any damage [...]

Kelt Exploration Ltd. 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 HIGHLIGHTS Three months ended March 31 2023 2022 % Petroleum and natural gas sales 139,571 138,446 1 Cash provided by operating activities 100,160 65,553 53 Adjusted funds from operations 92,000 74,169 24 Basic 0.48 0.39 23 [...]