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).

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Peyto Exploration & Development Corp > What in blue blazes is going on?

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Comment by Ozhokson Nov 10, 2021 2:22am

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Post# 34108280

RE:RE:What in blue blazes is going on?

Ozhoks wrote:
If so, it is so cheap then..

I expect ten fold dividend and doubled capex for 2022 program.

If not, I will quit.

Almost.. met my expectations. Big thanks to CEO DG and all Peyto team from a loyal shareholder.

I guess NG demand will keep up: I am now looking for a doubled dividend in 6-12 months, initiated Big Sunny storage investment, a couple of high payback acquisitions all for added shareholder value. Maybe some positive stories in presidents montly such as PG,
LNG and ESG plans-programs for our enjoyment.