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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 Quintessential1on Jan 11, 2023 12:43pm
94 Views
Post# 35216105

RE:RE:RE:RE:RE:RE:RE:RE:RE:Div hike or Debt reduction?

RE:RE:RE:RE:RE:RE:RE:RE:RE:Div hike or Debt reduction?LOL.  This is one of the most uneducated things I have ever heard you say.

I am not correcting it.  I am just going to let it sit there and laugh.  

Oldnagger wrote: Mother nature gave us Carbon . Every last atom was provided to fossil fuels from the atmosphere. Now extinct creatures by the gazillions were able to survive when all that carbon was in the atmosphere. They didn't organize and impose carbon taxes nor did they drive Government subsidized Teslas .
Amazing isn't it ?


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