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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 MikeySwooshon Jan 25, 2018 12:23pm
60 Views
Post# 27432785

RE:RE:RE:RE:RE:RE:RE:day 1 of potential share buy backs

RE:RE:RE:RE:RE:RE:RE:day 1 of potential share buy backsThe reporting can be a bit frustrating. I believe daily trades show up on TMX, despite perhaps not being reported on SEDI. I believe insiders have 10 calendar days to report trades, so SEDI is not necessarily reflective of day-to-day transactions. The other wrinkle here is the buyback. Share repurchases don't need to be reported until 10 days following the month that the repurchase occurred. So for the buyback, we can check TMX daily and assume any buys are part of the buyback unless otherwise specified, and then we'll get confirmation by February 10.

Here's the normal cause issuer link:

https://www.tsx.com/resource/en/447
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