Operator · Montney Shale
Kelt Exploration Ltd.
Acquired in July 2020 by ConocoPhillips. The snapshot below reflects historical activity.
About
Exploration & Production
- TickerTSE
- AddressCalgary Alberta
- Phone403 294 0154
- Acquired byConocoPhillips
Acquisition chain
Forward & backward M&A lineage
- Artek Exploration Ltd.
- Kelt Exploration Ltd. (this company)
- ConocoPhillips
- Flywheel Energy LLC
- Northern Oil and Gas, Inc.
- Brigham Exploration Co.
Drilling activity
Recent rig presence by basin
Recent activity
Kelt Ups 2021 Capex by 25%, Production by 11%; Credits Oil Price Gains
Kelt Exploration Ltd. has updated its guidance for 2021. Kelt’s board of directors has approved an increase to the Company’s capital expenditure program for 2021. Kelt expects to...
Kelt Exploration Third Quarter 2020 Results; Unveils 2021 Budget
Kelt Exploration Ltd. reported its Q3 2020 results. 2021 Budget The Company’s Board of Directors has approved a capital expenditure budget of $90.0 million for 2021. Kelt expects...
ConocoPhillips Seals Deal for Kelt's Montney Assets
ConocoPhillips has completed its $390MM acquisition of additional Montney acreage in Canada from Kelt Exploration Ltd. The purchase price was increased to $390 million from $375 million when...
Kelt Exploration Second Quarter 2020 Results
Kelt Exploration Ltd. reported its Q2 2020 results. The Company’s financial results are summarized as follows: Kelt’s operating results for the second quarter ended June 30, 2020 are...
Kelt Lowers Employee Salaries by 10%; Puts Montney Completions on Hold
Kelt Exploration Ltd. has reported additional cost-saving measures for 2020 as well as an operational update. Employee Salaries Cut 10% Effective May 1, 2020, employee compensation has been...
Latest news mentioning Kelt Exploration Ltd.
Deals
ConocoPhillips has signed an agreement to acquire additional Montney acreage in Canada from Kelt Exploration Ltd. for $390 million in cash…
Kelt Exploration has entered into a deal to dispose of oil and gas assets in the Karr area of Alberta (Montney / Dunvegan). The effective…
Closing Announcement - April 17, 2015 Kelt Exploration Ltd. and Artek Exploration Ltd. have announced the successful acquisition by Kelt of…
Kelt Exploration Ltd. has entered into an agreement to acquire a private Canadian oil and gas company with crude oil and natural gas assets…
Kelt Exploration Ltd. has entered into an agreement with a Canadian oil and gas company to acquire certain crude oil and natural gas assets…
Permits
No active permits
Operations transferred to ConocoPhillips. Live permits sit under the successor.