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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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(18)
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Comment by moric122on Feb 24, 2020 4:28pm
85 Views
Post# 30727818

RE:RE:RE:RE:RE:RE:you are right- my mistake on lng size

RE:RE:RE:RE:RE:RE:you are right- my mistake on lng sizeGreat links Terrible. Will definitely add them to my collection of links.

The Wood Mackenzie supply curve link reminded me of the expense of LNG... U.S. gas maybe trading around $2.0, (1.84 today) however to compete sell into the LNG market there is another $2.25 - $3.5 LNG tolling fee that needs to be added. 

https://energypolicy.columbia.edu/sites/default/files/Competitiveness%20of%20US%20LNG%20in%20Overseas%20Markets.pdf
  
The more I learn and think about NA natural gas market the more I believe we will have to wait until June / July for another buying opportunity to present it's self. Additionally that opportunity may be pushed out 3-6 months further depending on COVID. Would you agree with that timeline Terrible? Or are you solidly in the 2021 is the year for gas (12 months out)?

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities