11:52 AM EST - Kelt Exploration : provided 2014 Guidance. On November 6, the Company announced that it had entered into an agreement with a Canadian oil and gas company to acquire certain crude oil and natural gas assets located at Pouce Coupe/Spirit River, Alberta for cash consideration of $192.0 million, before closing adjustments. The acquisition has an effective date of October 1, and closing is expected to occur on or around December 20. In addition, the Company also announced a brokered and non-brokered equity financing for gross aggregate proceeds of $101.1 million. The equity financings are expected to close on or around December 3. Kelt Exploration
shares T.KEL are trading down $0.09 at $9.49.
