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 > Something to think about

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Comment by sportstermathewon Jun 28, 2022 6:44am

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Post# 34786570

RE:RE:Something to think about

about four months before covid I had put in a Solar Panel system, my cost was $26,000. It has been nothing but a pain in the butt and will take 8 to 10 years to just get my money back assuming the panels all work by then as the optimizers keep failing.

Now if I had that $26,000 just four or five months later when PEY crashed to $1 it would be worth over $400,000 and I would never have to worry about paying for my electricity. $2 would be over $200,000 and so on. Ouch.

My timing has always sucked.

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