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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

Post by nukesteron Nov 19, 2022 8:17pm
256 Views
Post# 35113268

Question for Weather-Man Yasch :-)

Question for Weather-Man Yasch :-)Are "Once in a generation" snow storms typically associated with Global Warming?

Things are getting really weird, here humanity is in the grips of global warming, but last year Alberta suffered record breaking cold. This year winter is off to an early screaming start with snow records being shattered in New York.

I am getting a little bit suspicious. Seems the global warming paradigm is about as reliable as a covid booster shot :-)

Enjoy the latest snow storm :-)


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