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 > Question for Weather-Man Yasch :-)

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Comment by auagntungstenon Nov 21, 2022 12:20am

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Post# 35114476

RE:RE:RE:Question for Weather-Man Yasch :-)

Yasch22 wrote: Another interesting list of weather facts for Alberta from https://www.alberta.ca/climate-change-alberta.aspx:

between 1983 and 2008, Alberta averaged around $100 million a year in catastrophic losses due to extreme events (hailstorms, wildfire, flooding, etc.). This value increased substantially starting in 2009.

Alberta averaged $673 million a year in insured losses from extreme weather events from 2009 to 2012.

according to the Insurance Bureau of Canada, Alberta has experienced the 2 most costly disasters in the country's history with the Fort McMurray wildfires [2016] at $3.58 billion and the 2013 southern Alberta floods at $1.7 billion.

I'd like the numbers from the Frazer Valley flooding including Hwy's #3, #5 and # 1 all shut down with the Covid flu not helping with labor.

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