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).

TSX:PEY - Post by User

Peyto Exploration & Development Corp

Bullboard Posts

Comment by ElJon Jan 19, 2012 10:40pm

320 Views

Post# 19425088

RE: RE: RE: The pounding continues

I view the situation at present as a ripple of retrenchment in the North America Natural gas industry rather than any specific problem within Peyto operations...... look at (for example) Ultra Petroleum(UPL-N) and also recall that Peyto was an excellent performer in production growth and costs and in share price growth during 2011(35%+ gain , including dividends). Nice to see Don Gray active as a recent buyer and to back-up my perspective(as ``opportunity``) over the coming 15 month horizon, I have added this week,

Peace,

Good Decision-making to All,

ElJ

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