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

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Comment by houbahopon Nov 09, 2017 5:20pm

74 Views

Post# 26935949

RE:RE:RE:RE:RE:Peyto is borrowing to run its business as it should be run

Entertaining these fake informations.

Chris, my spreadsheet tells me Peyto will add around $80M in financing either in debt or equity in 2018. production will grow up to 119 000 boe/d in Q4 of 2018 from 102k boe/d in 17Q3. Ceteris paribus.

You've got to like this ;)

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