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

<< Previous

Bullboard Posts

Next >>

Post by shenty46on Nov 01, 2021 11:17am

215 Views

Post# 34073113

Advantage and birchcliff

Advantage market capitalization is just slightly below than peyto, and birchcliff is even higher than peyto, how grossly undervalued peyto is. If we go by the historic trends, peyto must have been trading at least 3 to 4 times these stocks

<< Previous

Bullboard Posts

Next >>

Micromem prepares ARTRA for natural gas field trials