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 > Miniscule changes to hedgebook March to April

<< Previous

Bullboard Posts

Next >>

Comment by houbahopon Apr 15, 2022 4:22pm

197 Views

Post# 34606855

RE:RE:RE:RE:RE:Miniscule changes to hedgebook March to April

..."A while back GEE said that one rig can justabout replace production depletion based on the current efficiencies they are getting with new drilling techniques. Is this still the case?....

If they can replace 25k boe/d with one rig, imagine what could be the end of year production using 5 rigs!

<< Previous

Bullboard Posts

Next >>

Sony’s Alpha 1 II: A new professional photography standard?