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An update from Kelt Exploration ( (TSE:KEL) ) is now available.
Kelt Exploration Ltd. reported its 2024 production volumes, achieving an average production of 33,115 BOE per day, with a year-end exit rate of 38,369 BOE per day. The company anticipates further production growth in 2025 with the addition of new gas processing capacities. Additionally, Kelt has appointed McDaniel & Associates Consultants Ltd. as its new independent reserves evaluator, aligning with industry standards and enhancing its evaluation and transaction capabilities.
More about Kelt Exploration
Kelt Exploration Ltd. operates in the energy sector, focusing on exploration and production of oil and gas. The company primarily deals with production from the Montney region in Western Canada, producing both liquids and gas.
YTD Price Performance: -2.65%
Average Trading Volume: 32,722
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $928M
For a thorough assessment of KEL stock, go to TipRanks’ Stock Analysis page.
