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 > As expected

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Comment by sportstermathewon Nov 17, 2020 4:08pm

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Post# 31916471

RE:RE:RE:RE:RE:RE:RE:RE:RE:As expected

I have to agree.

Most people in NA and Europe seem to think that the whole world thinks as they do.

This is the same with population, housing, garbage, jobs, and dishonesty.

I don't totally agree with that previous article. There is no mention that the last five to seven years have been horrendous for the whole industry. Peyto has survived fairly well considering.

And as a result have the ability to rebound much faster, leaner, meaner than most others.

Looking forward to the next two years for them.

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