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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).


TSX:PEY - Post by User

Peyto Exploration & Development Corp
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Post by stockmarket1on Aug 11, 2023 3:42pm
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Post# 35584455

Finally....

Finally....Some good momentum to the upside! As we approach fall / winter, Peyto should deliver more decent upcoming reports as commodity prices escalate in 2023 / 24.  Peyto hedges seem to now be paying off for the good. Can't see Peyto not reach $13 a share soon. A bit surprised we're not there already. My opinion anyway. 
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Dealroom for high-potential pre-IPO opportunities