04:26 PM EST - Kelt Exploration Ltd. : released its financial and operating results for the three months ended March 31, 2014. Revenue was $47.8 million, funds from operations was $26.1 million ($0.23 per share, diluted) and profit was $4.9 million ($0.04 per share, diluted). At March 31, Kelt did not have any outstanding bank debt on its $100.0 million demand loan facility. The working capital surplus position, including cash and cash equivalents, at the end of the first quarter was $123.2 million. Kelt Exploration Ltd.
shares T.KEL are trading down $0.03 at $13.41.
