Nov 8 (Reuters) - Kelt Exploration Ltd KEL.TO :
* KELT REPORTS FINANCIAL AND OPERATING RESULTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2019
* Q3 ADJUSTED FFO PER SHARE C$0.21
* Q3 REVENUE C$93.3 MILLION
* Q3 FFO PER SHARE C$0.21
* LOWERED ITS FORECASTED COMMODITY PRICE ASSUMPTIONS FOR 2019
* KELT EXPLORATION- WTI OIL PRICES EXPECTED TO AVERAGE US$56.00 PER BARREL AND NYMEX NATURAL GAS PRICES ARE EXPECTED TO AVERAGE US$2.70 PER MMBTU FOR 2019
* REDUCED ITS ANNUAL 2019 AVERAGE PRODUCTION ESTIMATE TO BE WITHIN A RANGE OF 30,500 TO 31,500 BOE PER DAY
* KELT EXPLORATION- EXPECTS ADJUSTED FUNDS FROM OPERATIONS IN 2019 TO BE $190.0 MILLION OR $1.03 PER DILUTED SHARE
* REALIZED AVERAGE OIL PRICE DURING Q3 OF 2019 WAS $65.41 PER BARREL, DOWN 19% FROM $80.62 PER BARREL IN Q3 OF 2018
* KELT EXPLORATION - QTRLY AVERAGE PRODUCTION WAS 31,150 BOE PER DAY, AN INCREASE OF 19%
* KELT EXPLORATION- EXPERIENCED DELAYS COMMENCING PRODUCTION FROM ITS WELLS AT WEMBLEY