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 > Almost

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Comment by Quintessential1on Dec 08, 2023 7:29am

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Post# 35774465

RE:RE:RE:RE:RE:RE:RE:RE:RE:Almost

I have heard here before that the cure for low prices is low prices. Keep an eye on the rig count.

GLTA

Sukhi19 wrote: Inventories keep going up and down. NG prices will fluctuate. Stay focused on the hedges whichare 68%.
Cascade Power will add up to the hedges postions. PEY is well prepared to tackle the low NG prices likes of BIR are not. People sticking to divi BIR since ex divi date for quarterly divi is next week.

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