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 > Exercise of options: is Everyone is Selling?

<< Previous

Bullboard Posts

Next >>

Comment by MikeySwooshon Aug 23, 2022 11:45pm

247 Views

Post# 34916077

RE:Exercise of options: is Everyone is Selling?

John14v3 wrote: Hello Board,
I might be reading the way these options get excercised incorrectly but does it not seem like pretty much all the Insiders turn around and sell the options/shares immediately?
I would assume that they all don't need the money to put in pools, redo kitchens, buy ski-doos, etc. It would be nice to see more confidence and they hold shares.?
Maybe I am reading the data incorrectly.

Thanks and God bless you all!

Assuming this posts properly, this is encouraging...

Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	Volume or Value	Price
Aug 23/22	Aug 23/22	Chetner, Stephen Jonathan	Indirect Ownership	Common Shares	10 - Acquisition in the public market	5,000	$12.87
Aug 23/22	Aug 23/22	Frame, Riley Millar	Direct Ownership	Common Shares	10 - Acquisition in the public market	4,000	$12.89