STEADY VISION

摘要

Right now, most companies are spending more time trying to stay afloat than preparing for the next time they'll be able to soar. But Kelt Exploration is one of the few that's thinking ahead, and that's a direct result of its longtime chief financial officer Sadiq Lalani. Take the company's acquisition of Artek Exploration completed last April, one that saw Kelt take out its Montney neighbor in an all-share deal that valued Artek at $307 million, inclusive of debt. There were some obvious synergies between the two companies that made the deal a good one for Kelt, most notably the fact that they shared a joint venture in the Montney that was producing some very promising well results. "We were afraid that if these Montney results actually sank into the marketplace, it might be difficult to buy Artek at a later date, even though commodity prices were still coming off," Lalani says. "So we made the move and approached them, and we were able to get them engaged."