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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 sevushkaon Nov 17, 2017 3:39pm
158 Views
Post# 26986399

RE:Why was Peyto priced at $38 a year ago?

RE:Why was Peyto priced at $38 a year ago?
slava77 wrote:
What has changed that materially since then?  I'm just floored that this dropped from almost $20 a week ago to now hovering at $16... especially on a day like today with oil and nat gas up big?  Totally bizarre. 


Some dumb HFTs are locked into a downtrend along with mindless tax loss selling.  Watch what's going to happen in December.
Bullboard Posts
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