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 > NG transportation: niche, not mainstream

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Comment by Oldnaggeron Jun 01, 2022 2:04pm

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Post# 34723998

RE:NG transportation: niche, not mainstream

As I just started to do some of my own research, I decided to look first at the costing basis for electricity provided by wind power. Amazingly , the first article I found was written in 2015 and argued that due to government subsidies the true cost of wind was much higher than posited and was therefore uneconomical versus alternatives. The author of the article ??
The WEF ( World Economic Forum )

How much does wind power really cost? | World Economic Forum (weforum.org)

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