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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Comment by nukesteron Apr 26, 2020 7:57pm

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Post# 30955754

RE:RE:No hype, no politics, the solution to Covid19

Balducci,

The article provides a cogent paradigmn with which to restart the economy IMO. Local leaders are already following the suggestions by opening various beaches and allowing elective surgeries in area hospitals. Time will tell if it is the right move. I personaly feel the risk / reward ratio is acceptable. If I must take a risk, I prefer to listen to experienced medical doctors versus statistical gurus. Your mileage may vary. My heart goes out to anyone who lost a loved one, but the economy needs to get going before we have riots in the streets.

Cheers,
Nukester

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