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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
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Comment by houbahopon Feb 11, 2018 12:40pm
54 Views
Post# 27541041

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

RE:RE:RE:RE:RE:PEY verses POU (PEY is too expensive)Talking about the future?

What if WTI goes back down to $40usd.

What if US LNG export doubles?

What if Natgas industrial consumption doubles in Alberta?

What if TCPL stop behaving like a monopolistic predator?

What if higher cost Natgas producers close shop?

All this before 2020?


Care to speculate on this scenario, Master of Ceremony?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities