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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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

Comment by PlutusofCreteon Nov 10, 2021 11:41am
150 Views
Post# 34110213

RE:re: Thanks for the hat tip, perplexed

RE:re: Thanks for the hat tip, perplexed

Great to see posts like the one below - good job team - wishing us all great success!



Yasch - much more than a "hat tip". ( I apologize in advance for cluttering this board -  am still celebrating the divy !increase.)

I will be toasting you from my biz class pod on singapore airlines next month which i can now pay easily with my soon to be 4 figure pey divy.  instead of dreading a cramped up sardine class seat for 12 hours+ and watching my pennies in se asia for the winter  it will be 5 star all  the way!

we all hold stocks and try to eak out a decent retirement from our portfolios.  it's truly amazing how getting it right and going "big" just 1 time can change one's life!   after a 5 figure loss as pey sp sunk from $30 to $10 i sold most of my small position.  i followed your posts instead of my portfolio manager (who wanted me to go to 90% fixed income).  i bought agressively near the low's (almost shenty scale).  pure gambling i know but using your high quality analysis which i am not capable of.  

i hope others here have benefited too? 

much more than a "hat tip" heartfelt thanks!

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