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 Tmandnm1215on Jan 17, 2018 12:48pm

109 Views

Post# 27378100

RE:RE:$30 and $20 before $12

follow the technicals first and foremost;
check to see what the insiders are doing. Outright purchases in the market place with their own money (without turning around a day or week later and selling) is more important than being granted options.
options and rights are literally a call on the stock.
they can @ the discretion of the board issue more options and more rights at any time they vote too.
so - they risk nothing unless the buy with their own dollars.
also - their pay scale as a salary is nothing to sneeze at.
the rest of the stuff they get is part of compensation for which they are doing rather poorly at - at this time.

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