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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 sportstermathewon Apr 29, 2022 6:07pm
254 Views
Post# 34643900

Long haul

Long haulI do a lot of day trading, in and out of PEY, but lately heading more and more to PEY.

I also think CR has large upside but same issue, hedges.

Today, I wrote PEY via their website advising of many of the hedging and royalty issues
we have been discussing.  A fairly long note.  Asked if they can mention any of the issues in their next conference call.

Also asked if they can date each page of the Presentation so we know which pages have been updated instead of trying to figure it all out by memory unless some keep each version.

Pizza is calling.
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