10:54 AM EST - Kelt Exploration Ltd. : 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 thePouce Coupe/Spirit River areas in west central Alberta. Kelt Exploration Ltd.
shares T.KEL are trading down $0.01 at $12.14.