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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 sportstermathewon Apr 30, 2021 9:19am
102 Views
Post# 33100104

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Effects of EVs on energy situation

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Effects of EVs on energy situationSo it is official, we have turned into a Greenie board.

No mention of anything related to what Peyto is doing right now?  Wells?

Quarterly report coming out, best in years maybe?

Reduction of debt?  Increase in production?

First is to get PEY above $10 consistently even in a we stock market, whenever that will happen.

On a related note I bought another 10,000 GXE yesterday, one of Don Gray's projects.  I hope that it is going to grow and not languish.

Will have to see I guess.


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