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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Post by sportstermathewon Apr 20, 2020 8:02pm

273 Views

Post# 30932145

so now what

Our numbers are not going to be great supposedly.

What about going forward 3rd quarter and 4th quarter?

Will we just see $3 to $4 range or will something really strange happen and prices spike like crazy?

To be honest I have no idea what to do, buy, sell, hold, buy more and then sell quickly? hold long?

Wait till I can afford a coffee again and then sell? Where can I buy a coffee though?

This all seems like Oct 19 1987 when I was working in the markets but three months of Oct 19's straight.

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