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 > Darren Gee veteran CEO pushed to the limit

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Comment by sportstermathewon Apr 05, 2022 10:01pm

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Post# 34578959

RE:Darren Gee veteran CEO pushed to the limit

On a dip I am leaning with Shenty, although political risk is huge for whatever they can dream up can put us down a deep hole.

I would love to have the guts to take half of what I have and buy March 23 calls slightly out of the money as many as I can handle. Would give me a 3 to 4 x leverage I believe. More if prices skyrocketed.

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