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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).


TSX:PEY - Post by User

Peyto Exploration & Development Corp > Motely Fools PEY & BIR report
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Comment by Oldnaggeron Mar 10, 2021 9:05am
152 Views
Post# 32761235

RE:RE:Motely Fools PEY & BIR report

RE:RE:Motely Fools PEY & BIR report

One point I almost forgot . Nearly everyone on the PONY bullboard was against the rakeover, and yet it still went through. The reason is probably because all of the managed money voted for it. PONY understood this and hired persuaders to convince them. 
I believe investors are much better served on their own , and perhaps we will finally get a chance to convince them so!!

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Dealroom for high-potential pre-IPO opportunities