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 > Stock markets

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Comment by houbahopon Dec 16, 2023 4:16am

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Post# 35787996

RE:Stock markets

"....Alberta is going to add 2700 mw next year, out of that cascade power plant share is 900 mw. After such a big addition they are forecasting pool prices to decrease dramatically,..."

The heads-up on AESO pool price was given on September 27th, a few weeks before you started building your position:

https://stockhouse.com/companies/bullboard?symbol=t.pey&postid=35656783

And then on November 22th from the Transalta outlook:

https://stockhouse.com/companies/bullboard?symbol=t.pey&postid=35747836

I have to assume you don't read the commentson this forum.

Sorry for your loss.

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