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 > I had

<< Previous

Bullboard Posts

Next >>

Comment by ElJon Apr 13, 2022 12:55am

205 Views

Post# 34599094

RE:RE:RE:I had

When you write "but because I'm uncomfortable with borrowing to invest" .... a simple sincere piece of advice... under those conditions Don't do that again and lighten the "road to riches dream" but sleep more confortably. Peyto is a solid investment IMHO over the coming 18 months, given their operating capability and their current hedges, even if royalties based on AECO pricing become a drag on those non-AECO hedges,

Peace,
Good Decision-making to All,
ElJ

<< Previous

Bullboard Posts

Next >>

Nintendo stock jumps despite Q2 financials, new console news