Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

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.

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Peyto Exploration & Development Corp > As expected

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Comment by alkhoron Nov 17, 2020 2:03pm

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Post# 31915556

RE:RE:RE:RE:RE:RE:RE:RE:As expected

I spent 8 years in Saudi Arabia and 4 years in Qatar.

I doubt any of the Gulf States need to see the writting on the wall. While Europe and North America may slowly wean themselves off oil, the rest of the world where 80% of the people live will want the cheapest form of energy, which is oil. In the case of Natural gas, it will remain the major scource of home heating and power generation for decades to come. There are just no viable alternatives except Nuclear power which has its own opponents. Wind and solar have too many limitations.

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