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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 Franchuttoon Nov 27, 2017 10:58pm
102 Views
Post# 27043468

RE:RE:re: shorts running for cover?

RE:RE:re: shorts running for cover?Hi rolacat,
out of curiosity I was just checking the short positions on pey here https://shortdata.ca/?c=peyto-exploration%20&development_corp-short-sales&sym=PEY.TO , the reversal will be interesting when the shorts will be running everywhere trying to find cheap stocks to cover, I saw that happening not long ago at home capital, prices grinding up daily on high volume, day after day,after day, after day, we might see this very soon, cheers 
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