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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 Ozhokson Dec 06, 2021 3:48am
203 Views
Post# 34201125

RE:RE:Guess

RE:RE:Guess

Very beneficial replies, thanks all for open explanations. 


Peyto does not deserve a sp<$10 closing this year, imho. Management has done whats needed to be done and should be rewarded by investors. So, I feel that highs and lows of sp of this month will guide investors attitude towards Peyto for the next year. 

I expect a >$10 closure of year end, and a rally from Jan thru March. Lets see if value investors are willing to join us. 


 

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