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 > "wind turbines are all frozen," Wind Power MY FOOR !! LOL !!

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Comment by TerribleEngon Feb 14, 2021 12:34pm

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Post# 32564824

RE:RE:RE:RE:RE:RE:RE:"wind turbines are all frozen," Wind Power MY FOOR !! LOL !!

True story.

Both very needed. I just wanted to clarify that everytime you hear Wind/Solar levelized costs fall cheaper than any other source. It's only because the stability / capacity payments are excluded and externalized by the customers. You are displacing dispatchable baseload with non-dispatchable intermittent seasonal power, but valuing the electricity the same and passing on the stabilizing costs to the market.

Similar to carbon externalities from Coal/Gas, but those are now being taxed.

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