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 > Urban Farming

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Comment by Oldnaggeron Jun 06, 2021 10:41am

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Post# 33337296

RE:RE:Urban Farming

I am not sure of all the details. I know that Petcan once had a hothouse inside a refinery operating on waste heat. other schemes revolve around using vent gases (methane) from landfill projects. Economics seem to be marginal, but probably a lot more economical than many other schemes being proposed.
I just want to throw it out there on this board since I know that posters here know what they are talking about !! Also Peyto is way more advanced in providing viable climate solutions than just about anyone IMHO . For that reason, I will be increasingly be investing in Peyto, even if the payout is less immediate !!

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Rig Count Soars as Utilization Surpasses Industry Averages