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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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.


TSX:PEY - Post by User

Post by sportstermathewon Mar 25, 2022 11:48am
135 Views
Post# 34545684

Alberta to pause gas taxes

Alberta to pause gas taxesThe world is crazy.

Debt everywhere and governments just giving away money.

If people can buy expensive vehicles, booze, weed, smokes and so on I don't think a few hundred dollars extra cost will hurt most from an asset we were all buying below cost for years.

As a result the market has been very tight, with low inventories and lack of new pipelines.

I believe we can move ahead 200% to 400% from these current levels, key is to make sure you stay invested and don't sell.




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