Kelt Exploration Ltd.

Kelt Exploration Ltd. announced today the extension of the revolving period applicable to the Company's existing $350 million revolving credit facility, to July 15, 2020. The credit facility continues to be available, on a revolving basis, until that date. In connection therewith, the date for the re-determination of the borrowing base has also been extended to July 15, 2020. The extension of the borrowing base [...]

Kelt Exploration Ltd. reports its financial and operating results to shareholders for the first quarter ended March 31, 2020. In addition, Kelt is providing a corporate update in response to the current market conditions resulting from the COVID-19 pandemic. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended March 31 2020 2019 % Petroleum and natural gas sales 70,918 102,585 [...]

Kelt Exploration Ltd. is pleased to announce that all matters presented for approval at the Annual Meeting of Shareholders held on April 22, 2020 have been fully authorized and approved. A total of 114,994,030 common shares, representing 61.23% 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. announced today that its upcoming Annual Meeting of Shareholders will now be held at the Company's head office at Suite 300, 311 Sixth Avenue SW, Calgary, Alberta. The Shareholders Meeting date will continue to be on Wednesday, April 22, 2020 at 3:00 PM Mountain Daylight Time. Due to the unprecedented public health impact of the coronavirus disease and the restrictions on mass gatherings implemented [...]

Kelt Exploration Ltd. announces that it's board of directors has approved a reduction in capital expenditures for 2020. The Company has reduced its capital expenditure budget by $80.0 million or 36% to $145.0 million . The energy industry continues to experience high volatility with lower crude oil prices driven by fears of a retraction in global economic growth and increases in crude oil supply as oil producing countries [...]

Kelt Exploration Ltd. has released its financial and operating results for the fourth quarter and year ended December 31, 2019. The Company's financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended December 31 Year ended December 31 2019 2018 % 2019 2018 % Petroleum and natural gas sales 97,763 100,350 -3 394,356 389,277 1 Cash provided by operating activities 35,396 63,656 -44 162,488 186,383 [...]

Kelt Exploration Ltd. is pleased to report on its oil & gas reserves and production for the year ended December 31, 2019. The audit of Kelt's 2019 annual consolidated financial statements has not been completed and accordingly all financial amounts relating to 2019 referred to in this press release are unaudited and represent management's estimates. Readers are advised that these financial estimates are subject to audit [...]

Kelt Exploration Ltd. has released its financial and operating results for the three and nine months ended September 30, 2019. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended September 30 Nine months ended September 30 2019 2018 % 2019 2018 % Petroleum and natural gas revenue, before royalties 93,274 100,219 -7 296,593 288,927 3 Cash provided by operating activities [...]

S&P Dow Jones Indices today announces the rebalancing results for the S&P/TSX Composite Index. The following changes will be effective prior to the open of trading on Monday, September 23, 2019. S&P/TSX COMPOSITE INDEX – September 23, 2019 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED Ballard Power Systems Inc Industrials Electrical Components & Equipment ADDED Equitable Group Inc Financial Thrifts & Mortgage Finance ADDED [...]

Kelt Exploration Ltd. has released its financial and operating results for the three and six months ended June 30, 2019. The Company’s financial results are summarized as follows: FINANCIAL HIGHLIGHTS Three months ended June 30 Six months ended June 30 2019 2018 % 2019 2018 % Petroleum and natural gas revenue, before royalties 100,734 98,715 2 203,319 188,708 8 Cash provided by operating activities 58,639 39,183 50 [...]