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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

Comment by Quintessential1on Aug 27, 2022 12:40pm
187 Views
Post# 34924521

RE:RE:RE:RE:RE:RE:RE:The Cascade Power play

RE:RE:RE:RE:RE:RE:RE:The Cascade Power playI love this analogy.  Combined with carbon capture technology and storage it is the kind of thinking that can make Alberta an environmentally friendly North American energy supplier for decades.

"Regardless of actuals, transporting energy in the form of electrons seems like the smart way to bypass NGTL."

GLTA



nukester wrote: Just for fun :-)

All figures CAD
Looks like AESO pool price varies during each day:
Approx.   $40.00 /  MW  to over $700.00  / MW 
https://ets.aeso.ca/

So using TE's  approximation factor,  AESO Pool divided by 20 :

Monthly AESO averages were in excess of $100 MWH for most of 2022 thus far.
$100.00 / 20 = $5.00            
$5.00  x 60,000 GJ x 365 days =  $109,500,000.00 per year 

Surely I am missing something important on the back of my envelope.
Regardless of actuals, transporting energy in the form of electrons seems like the smart way to bypass NGTL.  Lets hope this works out better than the hedge book :-)


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