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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 29, 2022 4:37pm
136 Views
Post# 34556775

RE:RE:RE:RE:RE:Future pricing: Would you hedge? How much?

RE:RE:RE:RE:RE:Future pricing: Would you hedge? How much?I don't see how Europe can be fully independent from Russia oil&gas, fertilizers and crops.

Germany needs Russia's energy, while Great Britain and France do not.
France does not depend on Russian energy and has one of the world biggest military industry.
Great Britain took the Brexit and might be smiling at the assymetrical impact the situation has created among the different european nations.

Also, we are starting to see how the business interest of US oil & gas and military are sizing the long term opportunities created by the vaccum.

In the meanwhile, Saskatchewan is now the biggest potash producer and Canada's NatGas producers will benefit from higher prices when Kitimat LNG port is ready.

It could be poker or chess, this new money giration cycle will create a few winners and many losers.
What else is new?


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