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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 PoundSandon Feb 08, 2018 5:02pm
55 Views
Post# 27529581

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

RE:RE:RE:RE:RE:TRP increased toll to Dawn when NG price spikedThe pipeline operating perameters involve pressure and flow restrictions. When too much gas gets nominated and those limitation approach capacity, they start kicking out nominated volumes until they are within their targets. They probably have some tolerances in there that come into play which gives them some latitude to handle modest additinal volume. That would surely require higher line pressures, hence more compression....that costs $. You probably have contract customers over-nominating as well, that would trigger OFOs, they can be extremely punitive.
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