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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 houbahopon Mar 05, 2022 3:59pm
156 Views
Post# 34487198

RE:RE:March report out

RE:RE:March report outFrom a recent post here, Peyto is now operating with 6 rigs since mid-February.
TerribleEng announced it Feb 20th.

If they can add another 20 000 mcf/d on top of their unhedged production,
Peyto will certainly have a taste of the benefits of higher Natgas price.

What is the unhedged production in 22'Q2?

My reading of page 52 of  the Corporate Presentation tells me 450 000 Gj/d is
hedged or about 390 000 mcf/d

If Peyto can average 560 000 mcf/d average production during 22'Q2, 170 000 mcf/d could benefit from the AECO spot price.


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