Peyto Exploration & Development Corp PEYUF

Primary Symbol: T.PEY

Energy Oil & Gas E&P

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Alberta’s deep basin. The Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production’s weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.

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Peyto Exploration & Development Corp > The lowest cost producer is not Peyto

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Comment by GregC24on Feb 28, 2024 8:48am

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Post# 35903355

RE:The lowest cost producer is not Peyto

houbahop wrote:
Qatar's bigger LNG expansion to squeeze US, other rivals:
https://www.reuters.com/business/energy/qatars-new-lng-expansion-plans-squeeze-out-us-other-rivals-2024-02-27/

"Analysts estimate Qatar's unit cost of LNG production to be as low as .3/mmBtu, versus $3-$5/mmBtu globally, as associated liquids production pays for most of the LNG construction costs, and as access to cheap labour from southeast Asia prevents projects ballooning in cost or slipping behind schedule."

I would be curioius to understand the working conditions of that "cheap labour from southeast Asia". Their record for the World Cup was so spotless...

https://www.hrw.org/news/2023/11/20/fifa-no-remedy-qatar-migrant-worker-abuses#:~:text=After%20the%20global%20spotlight%20on,slowdown%20and%20that%20continue%20today.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle