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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 > Under News Release May 11th
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Comment by SecondhandGnuson May 14, 2022 10:32pm
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Post# 34684480

RE:Under News Release May 11th

RE:Under News Release May 11thPEY mentioned growing acreage less through Alberta land sales and more through farm-in's, especially in Brazeau (see latest company presentation).  D.G. mentioned months back being "surprised" that a partner had opted in to a drilling program--no surprise anymore...
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Dealroom for high-potential pre-IPO opportunities