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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
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Comment by houbahopon Oct 21, 2019 11:02pm
108 Views
Post# 30253589

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Post Election future of Oil Patch NGas Going UP

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Post Election future of Oil Patch NGas Going UP
Trans Canada Pipeline prohibitive tolls on the usage of their pipelines have killed Alberta's Oil and gas industry and have let Marcellus-Utica invade Eastern Canada markets with much cheaper tolls. I am pretty sure that if Trump was running the show at the NEB, TCPL assets would have been seized long ago.

I has nothing to do with politics at the federal level.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities