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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 sportstermathewon Dec 05, 2020 9:22am
156 Views
Post# 32043559

RE:RE:Hydrogen

RE:RE:Hydrogen Energy use is like water, it flows through the easiest route possible.

Think of California as a dam, every new regulation that goes up is a higher part of a dam and every restriction on how they succeed brings that dam down a little bit.  

Most restrictions raise the prices to the public and industry at large.

It takes time to reduce prices, but in reality will these cost reductions be seen by the end user.  I have found with solar panels each party takes any profits they can from any savings in costs so the end user still pays approximately the same price.

Think of the iphone, why are the prices going up not down, because the manufacturer is taking any reduction in costs for themselves as long as they can sell that new phone at same or higher prices why would they reduce the price.  

Ballard Power has always been an enigma in 1979 few had any idea, 41 years later most have never heard of them.  So this is all going to take a while to sort out, clean up, and determine which way they are going Betamax or VHS??  VHS was not as good but was cheaper so it won out.  Not to mention Beta may have won if it was not so tightly owned rather than left to grow by many firms instead of a few.

A lot of people over the age of 55 are wondering what the hell is going on lately with everything.  It seems the Tail is wagging the dog at all fronts even if it means you are cutting all four legs off.


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