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).

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Peyto Exploration & Development Corp

Bullboard Posts

Comment by boarderex86on Jan 05, 2018 11:34am

69 Views

Post# 27290050

RE:RE:RE:RE:RE:RE:RE:RE:RE:BNN saying Peyto likely to cut dividend in half

The fact that they don’t have firm capacity to other markets does not mean they are unable to sell into them using interruptible service.

Chris_toronto wrote: Other producers secured pipeline access to other markets. Peyto didn't. Then Alberta spot price collapsed.

houbahop wrote:
And should I add Peyto NEVER had a year with a Net Free Cash Flow above $150M.
2018 looks like in an environment of low NatGas price, they will crush their past record.

I wonder how the other producers will come out of 2018....