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BRIEF-Kelt Exploration Says Expects To Enter Into A Marketing Arrangement With Altagas

Published 2018-07-05, 05:23 p/m
© Reuters.  BRIEF-Kelt Exploration Says Expects To Enter Into A Marketing Arrangement With Altagas
KEL
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July 5 (Reuters) - Kelt Exploration Ltd KEL.TO :

* KELT REPORTS INGA INFRASTRUCTURE AGREEMENT, PROVIDES AN OPERATIONS UPDATE AND EXPANDS ITS EXECUTIVE TEAM

* KELT EXPLORATION LTD - KELT EXPECTS TO ENTER INTO A MARKETING ARRANGEMENT WITH ALTAGAS

* KELT EXPLORATION LTD - EXPECTS Q2 2018 PRODUCTION TO BE IN 26,000 TO 26,500 BOE PER DAY RANGE

* KELT EXPLORATION - ENTERED LOI WITH ALTAGAS FOR FIRM PROCESSING OF 75 MMCF/DAY OF RAW GAS UNDER 10 YEAR TAKE-OR-PAY ARRANGEMENT AT TOWNSEND DEEP CUT GAS PLANT

* KELT EXPLORATION LTD - DURING Q2 , THREE OF MAJOR GAS PLANTS USED BY KELT TO PROCESS ITS GAS WENT DOWN FOR PLANT TURNAROUND OPERATIONS

* KELT EXPLORATION LTD - KELT AVOIDED SELLING GAS INTO "DEPRESSED" WESTERN CANADA GAS MARKET

* KELT EXPLORATION - LOI ENTERED INTO WITH ALTAGAS ALSO STIPULATES CONSTRUCTION OF A RAW GAS GATHERING PIPELINE FROM INGA TO TOWNSEND

* KELT EXPLORATION-EXPECTS TO ENTER MARKETING ARRANGEMENT WITH ALTAGAS WHEREBY ALL OF CO'S PROPANE DELIVERED TO NORTH PINE TO GET FAR EAST INDEX PRICING

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