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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 Boulteron Dec 21, 2021 4:52pm
180 Views
Post# 34252318

RE:It’s really

RE:It’s really
shenty46 wrote: It's really sad to see Canadian gas companies not being able to participate in the rally in Europe and Asia due to lack of the infrastructure like LNG facilities here, we are in top 3 in resources, yet our politicians policies have failed  to create the necessary infrastructure in timely manner. Europe prices are almost 50 dollars now, comparing to less than 4 here, Jyst assume if the ng prices trades at just 10 dollars here for few years, where would be Peyto trading at, but those days are coming fast, I expect with in next 2 years at the most.


Indeed.  Something like 20 LNG proposals have died on the vine in Canada over the last few decades.  I think we have one running, or soon running LOL.
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