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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 Oldnaggeron Apr 30, 2021 1:11am
67 Views
Post# 33099441

RE:RE:Canadian Energy Centre is Alberta's anti-FUD org.

RE:RE:Canadian Energy Centre is Alberta's anti-FUD org.I am with you Seppelt , google Methane in Atmosphere. click any link you can trust, It is a problem but far from being caused by nat gas alone and even much farther from being caused by Canadian nat gas. Methane does not stay in the atmosphere very long ( otherwise the concentration would be enormous , which it is not. The sources of methane are numerous and largely from non oil industry sources. 
We are not science denyers We are simply people with a very healthy level of skepticism !!

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