Kelt Exploration Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was CAD 121.28 million compared to CAD 123.59 million a year ago. Net income was CAD 16.34 million compared to CAD 10.72 million a year ago.

Basic earnings per share from continuing operations was CAD 0.09 compared to CAD 0.06 a year ago. Diluted earnings per share from continuing operations was CAD 0.08 compared to CAD 0.06 a year ago.