The Nicky Henderson-trained five-year-old left behind a below-par seasonal return at Huntingdon in November with a stylish success at Sandown earlier this month.
Henderson told his Unibet blog concern over potentially carrying top weight at Newbury means the Kingwell will be the intended target.
He said: "Call Me Lord will end up with top weight in the Betfair Hurdle, so we have decided against going to Newbury and are instead heading to the West Country for a crack at the Kingwell Hurdle (February 17).
"After his win at Sandown some people said it very much merited an entry in the Unibet Champion Hurdle and I suppose we'll know a lot more about whether he is up to that grade after Wincanton.
"Obviously, Cheltenham is left-handed and up until now he's been very much dependent on going the other way and we will have to go anti-clockwise at some stage. And while one of the reasons to run at Newbury would have been to go left-handed, I didn't want him carrying all that weight so he's not going."
Anthony Bromley, racing manager to owners Simon Munir and Isaac Soude, said: "It looks like Defi Du Seuil is likely to go to Ireland so that means the weights will rise and that would mean we would be top weight.
"There are others in the Betfair that might be well handicapped and Call Me Lord has an entry in the Champion Hurdle."
Terrefort looks set to have his next run in the Betfred TV Scilly Isles Novices' Chase at Sandown on February 3.
The Grade One contest has been earmarked as the preferred option for the Nicky Henderson-trained five-year-old, after he was given a 14lb hike in the weights following an impressive victory on his British debut at Huntingdon.
Bromley said: "At the moment the thinking for Terrefort, if Nicky Henderson is happy that he is fresh enough for it, is to go for the Scilly Isles."
He continued: "Handicaps are ruled out for the moment off a mark of 151. We will just see where he fits in with the better novice chasers and the race has been lucky for his owners, who have won it for the last three years.
"If Nicky didn't think there was enough time then there is the Reynoldstown at Ascot on February 17. The Scilly Isles is the first port of call, though."
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