Kelt Increases 2014 Capital Expenditure Budget and Announces $122 Million Equity Financing
CALGARY, ALBERTA--(Marketwired - March 5, 2014) - Kelt Exploration Ltd. (TSX:KEL) ("Kelt" or the "Company") has expanded its capital expenditure budget to $250 million for 2014, up from $130 million. The increased spending is expected to result in the drilling of 35 gross (27.5 net) wells during the year, with the largest increase in the Karr and the Pouce Coupe/Spirit River areas in west central Alberta.
