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 > So at last DARREN GEE

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Comment by sportstermathewon Apr 05, 2021 8:54am

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Post# 32936292

RE:So at last DARREN GEE

For those that do not know of the monthly President's Letter on the 4th of each month here is the latest, an eyeopener for most.

https://www.peyto.com/Files/PMReport/2021/PMRApr42021.pdf

I believe in a good pricing environment Peyto will continue to grow production to some degree as growth in demand continues and at the same time reduce at least some debt.

The debt issue would not be any issue at all if prices were fair, and production rose each year.

This is only an excuse for those that did not get in early.

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