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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. 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 Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. It acquired Repsol Canada Energy Partnership (Repsol Assets), which included around 23,000 barrels of oil equivalent per day of low-decline production and 455,000 net acres of mineral land. The acquisition includes five operated natural gas plants with combined net natural gas processing capacity of around 400 million cubic feet per day, 2,200 kilometers (km) of operated pipelines, and a 12 MW cogeneration power plant. These assets include Edson Gas Plant and the Central Foothills Gas Gathering System. The Company has a total proved plus probable reserves of approximately 7.8 trillion cubic feet equivalent (1.3 billion barrels of oil equivalent).


TSX:PEY - Post by User

Comment by KevinKTon Aug 17, 2011 1:28am
275 Views
Post# 18950260

RE: RE: RE: Q2 Peters Aug 10, 2011

RE: RE: RE: Q2 Peters Aug 10, 2011Thank you for the opinion.
Many regular contributors here in 2003-2006 glory days have gone to IV, especially in $PEAK forum such as YSL, Naamkat, etc. and we talk about PEY frequently over there, since winter of 2009 after PEY began the horizontal ventures. I only come here once in a while even though I keep a very large PEY holding, and appreciate your posting here very much.
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