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Company News

BRIEF-Kelt Reports Q4 Adjusted FFO Per Share C$0.18

March 7 (Reuters) - Kelt Exploration Ltd:

* KELT REPORTS FINANCIAL AND OPERATING RESULTS FOR THE QUARTER AND YEAR ENDED DECEMBER 31, 2017

* Q4 ADJUSTED FFO PER SHARE C$0.18

* Q4 REVENUE C$80.8 MILLION

* SEES FY 2018 FFO PER SHARE C$1.10

* Q4 FFO PER SHARE C$0.18

* QTRLY AVERAGE PRODUCTION WAS 25,063 BOE PER DAY, UP 27%

* FORECASTED AVERAGE PRODUCTION IN 2018 IS ESTIMATED TO BE IN RANGE FROM 28,500 BOE PER DAY TO 29,500 BOE PER DAY

* 2018 CAPITAL EXPENDITURE GUIDANCE UNCHANGED

* WILL RE-EVALUATE ITS SPENDING PLANS FOR REMAINDER OF 2018 AFTER Q1 Source text for Eikon: Further company coverage:

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