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 > The Cascade Power play

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Comment by nukesteron Aug 26, 2022 9:01pm

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Post# 34924017

RE:RE:RE:RE:RE:RE:The Cascade Power play

Just for fun :-)

All figures CAD
Looks like AESO pool price varies during each day:
Approx. $40.00 / MW to over $700.00 / MW
https://ets.aeso.ca/

So using TE's approximation factor, AESO Pool divided by 20 :

Monthly AESO averages were in excess of $100 MWH for most of 2022 thus far.
$100.00 / 20 = $5.00
$5.00 x 60,000 GJ x 365 days = $109,500,000.00 per year

Surely I am missing something important on the back of my envelope.
Regardless of actuals, transporting energy in the form of electrons seems like the smart way to bypass NGTL. Lets hope this works out better than the hedge book :-)

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