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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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

Comment by mike49on Feb 08, 2020 6:33pm
108 Views
Post# 30663146

RE:RE:RE:RE:lol

RE:RE:RE:RE:lolThe company that the Herald hired to compile that survey tries to make sense of current compensation models on their web site. Have to admit, I've reread some stuff a few times in the last year and still scratch my head.
Not for nothing, your e.g.. of long time holders is exactly what happened at transalta. That company built a culture around legacy and loyalty and hurt everyone except investors coming in in the last year.
So, off on a tangent but I think pey would like to command a level of respect that is hard come by these days.they are going to have to work a little harder.
from the wtf file- crew pulled off a decent move with ownership/ process agreements at septimus.
Now go read their mngt info circ and last line of q3 news release and tell me you don't want to throw furniture.
Onward
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