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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 houbahopon May 12, 2023 1:47pm
158 Views
Post# 35445847

Substancial reduction in Natgas rig count

Substancial reduction in Natgas rig countAccording to Baker Hughes, down 16 from 157 to 141 in US and down 2 from 59 to 57 in Canada.

Natgas prices might start to show some stability?
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