Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

Post by Oldnaggeron Sep 18, 2021 5:27pm
158 Views
Post# 33883669

Methane Leakage

Methane LeakageJoe Biden has declared Code red on methane leakage. I would guess for him he is trying to divert from talking about CO2 as he has been seeing the overly disatrous results of clamping down on petroleum production way before reliable alternatives are available. Of course he will focus all his venimous on the Petroleum industry while conveniently ignoring other large sources of methane emanations such as animal flatulence and rice growing.
Peyto is however very fortunate in that they have already taken big steps to address the issue,. Many other producers ,particularly outside Canada have taken either few steps or even none at all to limit methane emissions.
At last we have a politician who seems to be trying to understand the real issues.
My guess is that Biden is being helped by Jennifer Granholme his secretary of Energy and a Canadian American who seems to be making a genuine effort to restore sanity to the Global Warming hysteria .i wish her godspeed !!
<< Previous
Bullboard Posts
Next >>