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Newly-Formed Kelt Details Focus, Guidance
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Kelt Exploration Ltd. has reported its financial and operating guidance for 2013.
Separately, the company was also awarded an equity financing deal.
2013 GuidanceKelt was recently formed as a junior oil and gas exploration and development company resulting from a plan of arrangement involving Celtic Exploration Ltd., ExxonMobil Canada Ltd., ExxonMobil Celtic ULC, and Kelt. As a result, guidance for 2013 is based on a short year, commencing February 26, 2013 and ending December 31, 2013.
Kelt is optimistic about its future prospects. The Company is opportunity driven and is confident that it can grow its production base by building on its current inventory of development prospects and by adding new exploration prospects. Kelt will endeavour to maintain a high quality product stream that…
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