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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

Post by Quintessential1on Sep 10, 2023 12:05pm
255 Views
Post# 35628267

September Monthly Report: 404 Not Found

September Monthly Report: 404 Not Found Did anyone see a September report before I assume it was taken down or not even posted?

I did notice that it was going to be titled "Peyto’s Small Tuck-in Acquisitions"

Perhaps in light of the Repsol acquisition they thought better of it as love or hate the deal I think we can agree it was not "Small".

Looking forward to reading the monthly report when they get to changing / posting it.

I liked the acquisition for the record. Increased infrastructure and inventory from a player that appeared to want out and exited at a reasonable price for the time.  Waiting, IMO, would have cost a lot more to acquire in 2024 and far more to build.

GLTA
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