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

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Comment by boarderex86on Jan 09, 2018 9:42pm

43 Views

Post# 27319405

RE:RE:RE:RE:LNG pipeline

Every major market in Canada and the United States. Here is a pipeline map to give you a better appreciation of the inter connectivity available between markets. Obviously transportation costs increase as yiu try to move it further. Some smart traders must be working over time trying to figure out how to play the arbitrage of Canadian gas into higher prices markets right now. Hell, they probably manipulated the market to create this situation.