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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

Post by winafewon Aug 12, 2021 6:05pm
336 Views
Post# 33698381

Conference call

Conference callPretty positive conference call, here's my favorite line from Darren Gee

"Our 2022 right now looks fantastic as far as what we're projecting. I think Peyto might actually generate record cash flow in '22 based on the current strip. So we're very excited about that and all -- that brings, getting back to the days of old when we were financially much stronger. So things have definitely looked up and picked up and are looking really good going forward. And we'll be excited to get back to you in November with Q3 and will be well underway into the winter by then and be even more excited about what's happening in 2022. So thanks for tuning in, and we'll talk to you then."
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