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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 rockoil29on Mar 03, 2023 2:07pm
173 Views
Post# 35318110

RE:RE:Eric Nuttall's friday Market call Nat Gas call...

RE:RE:Eric Nuttall's friday Market call Nat Gas call...I have the feeling that Eric simply hates NG! As an investor I bought 10000   shares of Peyto @$2.00
and Baytex at $.94 , I dont see a problem with either investment Also bought 35000 shares of NuVista at .80 pennies today around $12.00 These were once in a lifetime investments. 
As for the future of Nat Gas I will take my chances ! I believe we are seeing the lowest prices of the year ,in fact its recovered 50% off the bottom already,
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