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).

TSX:PEY - Post by User

Peyto Exploration & Development Corp

Bullboard Posts

Comment by houbahopon Feb 10, 2018 11:25pm

65 Views

Post# 27540210

RE:RE:RE:PEY verses POU (PEY is too expensive)

Alot of calculations have been published on this board recently. Please take the time to read some of the previous posts.

Basically, this free cash flow will be easily obtain under the assumption natgas price average $1.50/GJ or better at AECO and using the most recent guidance from DG.

Do not forget 75% of Natgas 2018 production is already hedge at $2.33/GJ or $2.68/mcf and their total cash cost is around $0.80/mcf

Cash Flow from hedged production: $280M
Cash flow from unhedged gas: $40M
Cash Flow from liquids (10 000 boe/d): $150M

Total $470M

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