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 > Div hike or Debt reduction?

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Comment by Oldnaggeron Jan 11, 2023 8:19pm

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Post# 35217239

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

As you may know, the early earth was devoid of oxygen and had an atmosphere that was high in methane. What changed all this was the arrival of Sponges. So perhaps history is merely repeating itself !!

Quintessential1 wrote: No doubt the Slimy Galapagos Fern.

Oldnagger wrote: If you think about it long enough, you are obviously the descendant of one of those slimy carbon sucking creatures . Have Fun !!

Quintessential1 wrote: 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 ?