Kelt Exploration Ltd.

Kelt Exploration Ltd. reports on its oil & gas reserves and production for the year ended December 31, 2022. 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, 2022. The Company has a Reserves Committee which oversees the selection, qualifications and reporting procedures of the independent [...]

Kelt Exploration Ltd. 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 HIGHLIGHTS Three months ended September 30 Nine months ended September 30 2022 2021 % 2022 2021 % Petroleum and natural gas sales 143,254 75,761 89 460,638 196,240 135 Cash provided by operating activities 85,104 [...]

Kelt Exploration Ltd. 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 unplanned compressor [...]

Kelt Exploration Ltd. 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 HIGHLIGHTS Three months ended June 30 Six months ended June 30 2022 2021 % 2022 2021 % Petroleum and natural gas sales 178,938 60,644 195 317,384 120,479 163 Cash provided by operating activities 91,623 34,529 165 157,176 [...]

Kelt Exploration Ltd. 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 COVID-19 pandemic. The [...]

Kelt Exploration Ltd. 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 HIGHLIGHTS Three months ended March 31 2022 2021 % Petroleum and natural gas sales 138,446 59,835 131 Cash provided by operating activities 65,553 26,582 147 Adjusted funds from operations 74,169 27,451 170 Basic 0.39 0.15 160 [...]

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

Kelt Exploration Ltd. 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 Year ended December 31 2021 2020 % 2021 2020 % Petroleum and natural gas sales 120,523 41,961 187 316,763 207,156 53 Cash provided by operating activities 52,056 3,288 1483 159,714 [...]

Kelt Exploration Ltd. is pleased to report on its oil & gas reserves and production for the year ended December 31, 2021. 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, 2021. The Company has a Reserves Committee which oversees the selection, qualifications and reporting procedures of the [...]

Kelt Exploration Ltd. 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 HIGHLIGHTS Three months ended September 30 Nine months ended September 30 2021 2020 % 2021 2020 % Petroleum and natural gas sales 75,761 48,823 55 196,240 165,195 19 Cash provided by operating activities 46,547 641 [...]