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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 PabloLafortuneon Jul 11, 2023 2:19am
143 Views
Post# 35534844

RE:RE:RE:RE:RE:Natural gas

RE:RE:RE:RE:RE:Natural gasHigher oil prices may lead to more Permian drilling. Even though the vast majority is associated, I believe the Permian is the 2nd largest and possibly the fastest growing US natgas basin. Perhaps we should be careful what we wish for. Personally I prefer if oil stays in this $70-80 range.
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