Edition:
United States

Kelt Exploration Ltd (KEL.TO)

KEL.TO on Toronto Stock Exchange

6.02CAD
1:09pm EDT
Change (% chg)

$0.12 (+2.03%)
Prev Close
$5.90
Open
$5.87
Day's High
$6.03
Day's Low
$5.80
Volume
228,258
Avg. Vol
1,113,277
52-wk High
$7.49
52-wk Low
$3.42

Latest Key Developments (Source: Significant Developments)

Kelt quarterly FFO per share C$0.07
Wednesday, 10 Aug 2016 08:00am EDT 

Kelt Exploration Ltd : Kelt reports financial and operating results for the three and six months ended june 30, 2016 . Quarterly FFO per share c$0.07 . Quarterly revenue c$40.7 million . Sees 2016 funds from operations of $54.0 million ($0.31 per share, diluted), up 8% from previous guidance . Sees 2016 capital expenditures, including acquisitions, of $87.0 million, up 5% from previous guidance .Average production for three months ended june 30, 2016 was 20,208 boe per day, up 4%.  Full Article

Kelt Exploration announces amendments to its credit facility
Tuesday, 31 May 2016 07:12pm EDT 

Kelt Exploration Ltd : Kelt exploration announces amendments to its credit facility . Agreed to certain amendments to its existing credit facility and borrowing base has been re-determined at $185.0 million .Expects to realize annual savings of approximately $900,000 by eliminating standby fees on unused credit amounts at current rate.  Full Article

Kelt Exploration Ltd gives FY 2016 production guidance
Tuesday, 8 Mar 2016 08:00am EST 

Kelt Exploration Ltd:Expects FY 2016 average production of 21,000 BOE per day.  Full Article

Kelt Exploration Ltd gives FY 2015 production guidance
Monday, 10 Aug 2015 09:00am EDT 

Kelt Exploration Ltd:Sees FY 2015 production to average between 19,500 and 20,000 BOE per day.Sees FY 2015 Production is expected to be weighted 28 pct. oil, 9 pct. NGLs, and 63 pct. gas.  Full Article

Kelt Exploration and Artek Exploration complete plan of arrangement
Thursday, 16 Apr 2015 06:21pm EDT 

Kelt Exploration Ltd and Artek Exploration Ltd:Announce acquisition by Kelt of all of the issued and outstanding common shares of Artek pursuant to the previously announced plan of arrangement between Kelt, Artek and the shareholders of Artek.Anticipates that the Artek Shares will be delisted from trading on the Toronto Stock Exchange within two to three business days following the date hereof.Peters & Co. Limited acted as exclusive financial advisor to Artek with respect to the Arrangement.  Full Article

More From Around the Web

BRIEF-KELT EXPLORATION PLANS TO SPEND $144.6 MLN ON CAPITAL PROJECTS IN 2017

* IS FORECASTING FUNDS FROM OPERATIONS FOR 2017 TO BE APPROXIMATELY $128.0 MILLION