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 > Congrats to Darren Gee and retirement, 192 Monthly reports

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Comment by Quintessential1on Dec 06, 2022 11:27am

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Post# 35153434

RE:RE:Congrats to Darren Gee and retirement, 192 Monthly reports

Agreed! Congratulations Darren Gee on a successful carreer and a fruitful retirement.

The final Presidents Report (From DG at least. I hope J-PL carries on this great and informative tradition) is a terrific look back at a career and a tenure that has been worthy of self-reflection and back patting that, if not self-administered, should be plentifully applied by all of us. I was happy to see him mention his own self-awareness at becoming too political at times but you can't ask for a passionate leader that won't be passionate about evrything he does. Much like his extolling of the virtues of natural gas: "I've always felt it was the better fuel". As I have always felt so too, I wouldn't mind hearing why he feels it is at the risk of being "too political" also.

Good luck DG and GLTA here at Peyto.