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 sportstermathewon Sep 10, 2019 11:58am

98 Views

Post# 30112748

RE:On watch

Does anyone have a link to the index with names and market cap values?

Does this mean that most companies have to be valued over 1 billion or close to it to be included in the index now?

Just bought more today, don't care at what price just as long as I can get my
key position going forward. PEY Drip is nice also adding more at low prices each month.

I am pretty sure this winter will see an improvment in prices of NG and oil, and in PEY's price also. Whether sustainable till all egress and pipeline issues are done is another matter.

I am fully in the belief that PEY can do generation down the road whereby these other issues will barely matter. LNG if ever will also be a huge factor.

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