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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

Post by dalerules88on Jan 12, 2018 2:28am
110 Views
Post# 27339716

New markets - ISO container LNG

New markets - ISO container LNGoil companies run oil by rail;

I'm guessing if pipeline opposition persists, ISO container LNG transport will develop new markets; Fortis is on it already, be it baby steps - ISO container transport can service lots of new markets that did not have pipeline access - it will be fragmented, but as container supply builds up, it will provide lots of opportunities

https://business.financialpost.com/commodities/b-c-s-lng-dream-comes-alive-with-first-ever-natural-gas-shipment-to-china



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