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 > DD Review

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Comment by GoldFisher22on Feb 16, 2021 2:48pm

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Post# 32575676

RE:RE:DD Review

That is one "terribly sensible" post TE. Have cut and pasted it (via Yasch22) for future reference. Much appreciated !!

What weird times these are....CDN $ strong ...

As for myself, seem to have more oily names than gassy at the moment, and have recently dipped into lesser followed "micro-caps" ( eg. PMT and PEA). Also a few service names. Certainy Not investment advice ...

I like Peyto also.

Thanks and Good luck.

GF22

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