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 22, 2018 2:49pm

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Post# 27763432

RE:RE:RE:RE:RE:RE:Prediction: PEY ends 2019 with at least 11K boe/d of NGL

the monthly updates in newsletter form, from the CEO, have unwittingly resulted in a HIGHLY volatile stock price. Expecations were Crafted to create investor interest and a lofty valuation, almost guaranteeing dissapointment. You will not see that from tourmaline. evey two months they will issue a 2 paragrapsh press release telling you exactly where they stand. I do appreciate the information the CEO presents monthly. I can do without the salesmanship and holier than thou "tude"...

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