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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 wreckhouseon Oct 11, 2022 11:41pm
183 Views
Post# 35018760

RE:RE:RE:old saying !

RE:RE:RE:old saying !thanks Max for the reply and I have no hard feelings , what happened here with my post was i started to rant . for the last 4 months or so it seems all i read on energy was the war and other country's starting to use coal again . I understand the little bit of thermo coal that Alberta ships is about a grain of sand in a mason jar ! That said , China and India uses around 5,283 MT thermo coal for hydro power and heating .  With Ontario starting up a NG power unit for extra power I was thinking that they need the power to charge all these EV !  Anyway 1 thermo coal mine with around 2mt a year is around 40 km south from the new Cascade power plant and its work force travels past it daily from Edson , another mine 50 km west produces around 5mt a year . Coal can be used very clean with scrubbers and the use of carbon capture . My motto is a clean environment and recycle all waste . I own lots of energy stocks and enjoy PEYTO 'S DIVI  which is oct 14 . BCRNW 
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