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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).


TSX:PEY - Post by User

Peyto Exploration & Development Corp > One small reason AAV has been lagging TOU?
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Comment by uncutgemson Sep 19, 2021 3:41pm
159 Views
Post# 33884795

RE:RE:RE:RE:RE:One small reason AAV has been lagging TOU?

RE:RE:RE:RE:RE:One small reason AAV has been lagging TOU? nobody cares about the deal but you....

you wanna know what looks REALLY looks bad today?

the peyto Hedging disaster that has been ongoing for over 2 years. that's what happens when you venture away from the safety of the "aeco" comfort zone.

 deal with Topaz was announced April 13, 2020.
AAV = $1.85. Today $5.61  =   3X 
Note: The big boost for AAV came after a series of announcements about Entropy. Before that, AAV was way behind everyone else.


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