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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 > Cushing Running Dry: JPM
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Comment by Oldnaggeron Oct 22, 2021 2:53pm
127 Views
Post# 34038573

RE:RE:RE:RE:RE:Cushing Running Dry: JPM

RE:RE:RE:RE:RE:Cushing Running Dry: JPM

There is a war going on. It is over energy and who will be allowed to provide it. Certainly not the market place according to some. That is pure Marxist theory. It doesn't work . If only Chairman Mao was still around, I am sure that he would take one look at China today and say I heartily agree, I was horribly wrong !! A few decades from now Chairman Trudeau and Chairman Biden will also concede !!
Mao was at least smart enough to make 5 year plans, not so our modern leaders !!

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