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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 Jumpy88on Nov 03, 2017 12:07pm
54 Views
Post# 26901136

RE:RE:RE:RE:RE:RE:the natural merger partner

RE:RE:RE:RE:RE:RE:the natural merger partnerHey partner, if you look back at the posts, check Nov 1 at 7:16am. Everyone was talking about ECA taking over Peyto, I dont recall anyone mentioning TOU until my post. If you are really bored you could look back even further to sometime in the late spring or early summer when I also mentioned TOU as a takeover possibility. I am not looking for glory on a bullboard for crying out loud, it was just a figure of speech. 
I am long and strong on PEY and hope to be for a much longer time, so therefore am not wishing for a takeover by anyone.

oi
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