January 18, 2017 / 6:42 PM / a year ago

BRIEF-KELT EXPLORATION PLANS TO SPEND $144.6 MLN ON CAPITAL PROJECTS IN 2017

Jan 18 (Reuters) - Kelt Exploration Ltd

* PLANS TO SPEND $144.6 MILLION ON CAPITAL PROJECTS IN 2017

* IS FORECASTING FUNDS FROM OPERATIONS FOR 2017 TO BE APPROXIMATELY $128.0 MILLION

* “WITH CONTINUED IMPROVEMENT IN OIL AND GAS PRICES, KELT WILL CONSIDER INCREASING ITS CAPITAL PROGRAM FOR BALANCE OF 2017” Source text for Eikon: Further company coverage:

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