Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s): PEYUF

Energy Oil & Gas E&P

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).

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Peyto Exploration & Development Corp

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Comment by ElJon Jan 11, 2012 4:29pm

429 Views

Post# 19393309

RE: natural gas vs liquids

Layalee,

I respectfully suggest, for your own insight and risk-comfort level, that you do a little DD by searching the Peyto reports on SEDAR and reading the monthly President's reports from Darren Gee on the Peyto website. Peyto's production is 88-89% natural gas....example Q3, 2011 36390 boe/d average was from a product mix of 19847 mcf/d natural gas and 3918 bbls/d liquids. Production was 83-84% NG in the year 2009 on 18481 boe/d average and in 2010 was 84-88% NG on 23707boe/d average,

Peace,

Good Decision-making,

ElJ

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