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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 > Spot on; Joe hits the nail on it's head
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Comment by Oldnaggeron Oct 27, 2021 10:27am
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Post# 34054148

RE:RE:RE:RE:RE:RE:RE:RE:Spot on; Joe hits the nail on it's head

RE:RE:RE:RE:RE:RE:RE:RE:Spot on; Joe hits the nail on it's headWhat is the new fashioned way ? Shutting everything down and printing money? We all know that creating bitcoin causes excessive GHG production. What is probably less well known that creating money and then burning it is just as destructive, if not more !!
 Where is the plan , to replace hydrocarbons ? My plan is to encourage nat gas production to replace Coal Economical and efficient, What is their plan ? More people with their derrieres stuck in hearing rooms blocking necessary projects ?
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