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 PoundSandon Feb 08, 2018 4:48pm

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Post# 27529496

RE:RE:RE:TRP increased toll to Dawn when NG price spiked

It's a two edge sword. At any given point you could call yourself a genius or a toad.

There will be many times in the future where you have locked in losses by being a contracted shipper. It's a calculation on the part these producers based upon the current conventional thinking. If production in W. Canada should decline in the future, there will be no value in these commitments because the arbitrage will most likely be a loser in all but a few weeks a year.

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