Peyto Exploration & Development Corp T.PEY

Increased production?

[Ozhoks]

Lets say, as discussed here before, PEY decides to go out of plan and increases production by staying in-year FCF iaw IRR >100% rule for new wells, taking adv of spare capacity. I really like this idea of 10+% over production for this year, which will inturn accelerate 2023 debt payment.

This can be finally a good 2022 news for PEY investors, at least for me. 

It would be good to know that as soon as publicly available. Do you have an idea of how we can get a clue (interpretation) such kind of decision is taken from our regular sources - except company anouncements or news? 

Thanks.

[TerribleEng]

They could do it a couple of different ways. One is to move capital into Spirit River which is gassier, cheaper and more prolific. The other is to just accelerate their current plans, and hedge new wells that were in excess of announced capex plans. As you say, it would accelerate debt paydown, debt ratios and we as shareholders are left with residual production. The market is asking for it, as

[MikeySwoosh]

[img]https://riggertalk.com/drilling_rigs_list.php?Keywords=peyto¤tLat=¤tLng=¤tZoom=&isSubmitted=keyword[/img]

[MikeySwoosh]

Here are a couple of good links to track Peyto's drilling activity... [url=https://riggertalk.com/drilling_rigs_list.php?Keywords=peyto¤tLat=¤tLng=¤tZoom=&isSubmitted=keyword][/url] https://boereport.com/well-map/

[MikeySwoosh]

Sorry, here's the first one...just need to search for Peyto. https://riggertalk.com/drilling_rigs.php