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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

Post by topdopon Feb 08, 2022 11:30am
202 Views
Post# 34408740

Trade of the Day! 😁

Trade of the Day! 😁Folks,

I've been on SH and this particular PEY BB on and off for almost 20 YEARS now & so you might imagine I've seen it all.

And much like everyone else, I also appreciate a bit of banter - I'm a Mining Engineer and a Brit so do relish a spot of good humoured sarcasm.

But this is a group of investors trying to help each other through a joint discord, not anything else and it now seems to me that some of us are beginning to act like school kids throwing shade on someone else.

And I bet the individual of whom you know I speak is not from Canada (by birth) yet is joyfully sharing his good fortune/ trades and in his own way - to be part of the gang.

I also didn't at all *read* he had shorted anything; it's just his way of saying he sold a bunch and then bought the same amount back cheaper...

If the guy's musings do really wind you up, then there is always the Ignore button.

GLTA.
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