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 ceremonyon Mar 08, 2018 3:14pm

41 Views

Post# 27685821

RE:RE:RE:RE:RE:RE:Gas producers in WCSB, 5 year highs & present share price

y22 my post was about PEYTO. your post seems to be about ME. there is Always a danger of this happening. And those that are SENSITIVE to criticisim of the companies they are invested in should be mindful that they can fall into the trap of makiing this personal. My comments are about PEYTO and their leadership. I am attempting to explain why a supposedly "safe" conservative company fell from $41 to $10. I don't believe it's because of a "perfect storm". I believe I have cited why this happened.

Again there is always a danger that the criticism of the company you are monetarily and emotionally invested in will cause someone to GO PERSONAL and undermine the flowing discourse on the board. Be very careful and always Check YOself so that this does not happen. Things escalate and it would be a shame for this to happen here.

Yasch22 wrote: That's a LOT of CAPITAL LETTERs, Ceremony. You're letting your personal dislike of the people who run Peyto cloud everything you say.

Peyto was -- is -- will continue to be -- a very stable company.
Even the changes they're making are designed to ensure stability.

The drop in the sp is a consequence of a perfect storm of factors beyond anyone's control:
-- the "metastasis of Marcellus", with no tapering yet in sight
-- the growth of production in the WCSB
-- failures of the shipping system
Then add a few factors that were in Peyto's control, but those have ALL been taken care of. Better a bit late than never.

In the face of all this, Peyto will make handsome profits in 2018.
A lot of other companies, especially the ones with high interest rates, low liquids, and persistently low ng prices, will suffer.

On top of everything else, you offer a highly skewed, highly personal interpretation of Peyto's communications with its investors. Then you say that Peyto said things exactly in the way that you've twisted them. You should take a bit more time with your pronouncements, man. Maybe offer a few quotations in support of your point of view, & take a lighter tone, if only to prove you're not dealing with some highly personal animus.