Option-related selling at Kelt Exploration (KEL)

Option-related selling at Kelt Exploration (T:KEL)

Patrick William George Miles, a Senior Officer, exercised Options and disposed of 150,000 Common Shares on a direct ownership basis at a price of $7.400 between January 2nd, 2018 and January 3rd, 2018. This represents a $1,110,000 divestment of the company's shares and an account share holdings change of -15.3%.

Douglas Jeffery Errico, a Senior Officer, also exercised Options and sold 100,000 Common Shares on a direct ownership basis at a price of $7.434 on January 3rd, 2018. This represents a $743,390 divestment of the company's shares and an account share holdings change of -18.5%.

Kelt Exploration is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Kelt Exploration Ltd. is an oil and gas company based in Calgary, Alberta. The Company is focused on the exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia. The Company's land holdings are located in Inga/Fireweed/Stoddart, British Columbia; Grande Prairie (including Pouce Coupe, Progress, Spirit River and La Glace), Alberta; Karr, Alberta, and Grande Cache, Alberta. The Company holds interests in approximately 136,000 gross acres in Greater Grande Cache area, which is located approximately 30 kilometers north of Grande Cache, Alberta. It also has interests in over 89,760 gross acres in Karr area. The Company has interests in over 394,190 acres in Grande Prairie area. It holds interests in over 88,120 gross acres in Inga area. The Company holds interests in over 50,550 acres in Fireweed area. The Company also has interests in approximately 53,040 gross acres in Stoddart area.