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 houbahopon May 05, 2018 11:46pm

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Post# 27988206

RE:It's becoming clear DG is way over his head as CEO

Please, you might feel deceived by the situation but do you have to blame the man for your investment decisions?
There is not much a CEO can do when the price of the commodity goes from rich to negative. Last week, sellers had to pay buyers to take the goods they are selling.

Act like a man and acknowledge your decisions, act in a responsible manner.and stop the whining.

Do you thing CEO of other Natgas producers are more equipped because they keep growing their production? Or maybe all the CEOs are "not equipped with the skills to run a company"?

WHERE DO YOU STAND, CHRIS?

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