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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 > Headlines about intermittent renewables are overblown
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Comment by Oldnaggeron Sep 24, 2021 10:09pm
115 Views
Post# 33918475

RE:RE:RE:RE:RE:Headlines about intermittent renewables are overblown

RE:RE:RE:RE:RE:Headlines about intermittent renewables are overblownJust what is the magical concoction thar will replace natural gas? Please don't mention green hydrogen. Storage costs will be many times greater. Producion amd transmission costs also.
Remember Peyto has extremely low costs for finding developing and transporting nat gas.
Barring some very unfortunate and highly unlikely events, the only event horizon for Peyto will be some day long in the future when the last reserves are depleted !!
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