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 > Just

<< Previous

Bullboard Posts

Next >>

Comment by MagicPinstripeson Mar 09, 2022 11:02pm

136 Views

Post# 34501797

RE:RE:RE:RE:RE:RE:RE:Just

That's the hope from my perspective - much to the chagrin of anyone who is currently a home owner in Toronto - I mean, who likes to see the value of their assets erode? I'd settle for some stagnation.

...and I'm certainly enjoying the dividend. Maybe Peyto can ramp up its debt repayment as well. That'd be nice to see in the future.

GLTA

<< Previous

Bullboard Posts

Next >>

Sirios Resource discovers visible gold in Quebec