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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

Comment by sportstermathewon Aug 20, 2022 6:31am
166 Views
Post# 34909002

RE:Our inner Peyto contrarian indicator alert

RE:Our inner Peyto contrarian indicator alertPeyto is just building pressure.

I do not think they have as much exposure to AECO as people think.

Yash I think could elaborate on this with detail.

DG has actually said this many times in the last year and if you look at the 
marketing chart page 49.

If you have fixed and basis deals then are these not at set prices rather than market prices, and delivery on some is at the risk of the buyer not PEY?

Everyone knows about the craaap that TC does every summer, this was supposed to be fixed.  It will end soon as we are nearing month end, Sept soon.

I will have to try to move into more CR again, made money several times on it trading and holding.

CR can't hold a candle to PEY's assets and plants and land but seems to get the loving by the community even though they don't give hardly any details, growth prospects, lack of plant capacity etc.

Peyto has 5 rigs, and plant capacity plus the new Cascades deal next year which is not far away.

Just hope I can hang on.










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