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

Post by Water_Manon Apr 06, 2014 5:00pm

220 Views

Post# 22418130

New ATH

Funny how years back share price was up a dollar and posts where "loading up" the truck type. Interesting trading action the last half hour of the day Friday, up over a dollar for the day , a historical high and no posts. Fundamentals look as good as ever with NG storage at historical lows, good production increases and continued low quartile production costs. PEYTO ANSELL 00/01-05-051-19W5/00 is listed as the Top 'Cardium Gas' well for Monthly Volumes in February 2014 and Cumulative Yearly Volumes by AltaCorp Capital Inc.

Since my first buy pre trust days I have yet to sell one share! I'd rather buy and hold shares of a great company which Peyto IS.

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