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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 Nacho1on Dec 06, 2018 3:34pm
60 Views
Post# 29078259

RE:Nova Pipeline Restriction to be lifted soon

RE:Nova Pipeline Restriction to be lifted soonHi Yash, 

can you get a source on this? Im thinking about buying more PEY, just dont want to catch more of this in a fall. If this is true, it would be great news and should put PEY right back up.

Also, another question, in the presentation - is the cardmium wells ca 13% condy, and C3 and C4 10%, so that gives a liquid cut of 23%. So isnt it fair to assume that we should reach liquids cuts on overall production in the 15s% next year and 17-20% in 2020?

From 2020, we should be all good given the new pipelines and the NOVA upgrade
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