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 Sudirman2on Aug 14, 2019 2:21pm

88 Views

Post# 30028234

RE:RE:as we daily crash 7% so too is wcsb production crashing

Aug 12 daily index Aeco was 0.66CAD$/gj. Not a company up there that can produce at that price even on a cash cost basis. Now the bad news from our freinds at BMO: " North Montney Mainline, which is set to come online this September adding 672 MMcf/d onto the NGTL system & ultimately 1.485 Bcf/d in stages by 2021"

Look at their chart. Almost a perfect linear move from Sep 2016 to now. 38$/sh to $3.08. Geewhiz and clowns have lost 92% of share value. This isnt something new. This is a slow-mo train wreck. Time to punt this pathetic mng group.

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