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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 wreckhouseon Aug 27, 2022 6:29pm
212 Views
Post# 34924753

RE:RE:RE:Boris The CLOWN EXITS On A HIGH NOTE !!!???!!!

RE:RE:RE:Boris The CLOWN EXITS On A HIGH NOTE !!!???!!!Some hen picking here on Hydrogen and NG  in the Stephenville NL area . There is a major hydro transmission line from the lower Churchill Falls that runs by the Bay St. George area and which there is a very large Sub Station at bottom brook .  This hydro line was built around 4--5 years ago , so why did they put in a sub station than?  So back in the 70's there was oil drilling at Fichells brook and Cape Anguille on the south side of the bay , NG was discorved at Cape Anguille , but I don't know about Fichells .So in the 2000 time frame drilling was beign done on the North side of the Bay in the Port aux Port area and yes there is OIL . But there was a fraking ban (*^*^*) . So a small company ( VULCAN ) looking for oil happens to come across this salt dome  with over a BILLION tons  of salt right at the Port of St. Georges . The same spot there is a Gypsum mine shipping ore from the port . And low and behold VULCAN goes and finds more DOMES , so Vulcan does a spinout for these domes and the company is called ( GREAT ATLANTIC SALT ) . Now things come into play ,another company wants to install wind mills in Port aux Port  and use this power to make HYDROGEN . The hydrogen will be stored in the smaller salt domes until shipping . So Stephenville the major port which a very large plant can be built is the centre of gravity here. Also in the area is COLBOLT --LITHIUM  and no shortage of Fresh Water . So lots of CHEAP POWER  to make GREEN HYDROGEN  to send world wide . Anyhow this is a start ! BCRNW
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