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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 stockmarket1on Dec 05, 2022 12:20am
149 Views
Post# 35150149

RE:RE:RE:RE:RE:RE:RE:Great to be back at $15

RE:RE:RE:RE:RE:RE:RE:Great to be back at $15Agree and with the upcoming TFSA contribution date approaching....rest assured that I'll be putting money to work. 


Quintessential1 wrote: A decent pullback would be nice to acquire more at X-mas clearance prices.

GLTA


stockmarket1 wrote: A decent pull back today of which I don't mind --- red day buying opportunities. However, did some buying last week but I think I'll wait and see if we get a second pull back tomorrow ( Friday). If so, I'll jump in and buy again. 




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