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 ceremonyon Mar 13, 2018 6:09pm

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Post# 27709681

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A lot of Alberta companies complaining abt NGTL/TransCanada

lol I am waiting for names. names please. you do have a list of complainers right, and it's not just the gang of 3? :)

Yasch22 wrote: Speaking of tortured logic, there's always your idea that only Peyto is complaining about egress to eastern Canada. Every producer has been complaining about the Mainline tolls for years. Shipments slowed to a crawl. Finally, everyone came to an agreement, and the new regimen started on Nov.1.

The surprising development is that CAPP plus other contractees to the Empress-Dawn deal have a new set of complaints. The complaints are about egress in general, in all directions.

A second odd bit in your logic. "MOST companies chose not to go on the record and anger trp. because trp. is crucial to their business." Just think about that one for a few seconds. There are a lot of companies who'd love to complain, eh? But they know better.