Peyto Exploration & Development Corp T.PEY

Cascade Power Plant

[oilfield13]

With a commitment from Peyto to supply the Cascade Power Plant with 60,000 Gj/day of Ng for 15 years ...they had better keep busy drilling like crazy.....Like I said this Plant should be commissioned in 2023 unless there is some kind of delay on construction

[Yasch22]

This post has been removed in accordance with Community Policy

[MikeySwoosh]

Yasch, it doesn't appear Peyto has an option on the second 60K GJ/d. This is DG quoted from the Q3 2021 conference call in regards to Cascade... "It is a 15-year commitment to deliver gas to them, and we have committed about half of the volume that they are going to need, for that 15-year period. And like Scott said, we have got all our gas plants interconnected, so that we can flow gas

[Yasch22]

This post has been removed in accordance with Community Policy

[Yasch22]

This post has been removed in accordance with Community Policy

[MikeySwoosh]

It appears that my original post didn't include the entirety of the excerpt that I had highlighted. Anyway, here's the remainder, and speaks more to the where Peyto may stand with respect to having access to providing more production to Cascade... "And I would really say that, we are so advantaged by being directly connected to them. We save a lot of costs, pipeline toll, really

[Yasch22]

This post has been removed in accordance with Community Policy