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 > Colombia Ecopetrol joint venture

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Comment by zzsdxvon Apr 11, 2024 11:42am

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Post# 35983429

RE:RE:Colombia Ecopetrol joint venture

50/50 joint venture in new development... you should followup with the announcement for detail...

CALGARY, Alberta, April 11, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) and its strategic partner Ecopetrol S.A. (“Ecopetrol”), are pleased to announce that they have entered into definitive agreements to consolidate their position along the Llanos Foothills trend in alignment with current Colombian government objectives to secure gas supply and support energy transition initiatives.

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