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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 > Hopefully gas prices have bottomed and are on the way to $3
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Comment by stockmarket1on Dec 19, 2023 8:40am
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Post# 35791289

RE:Hopefully gas prices have bottomed and are on the way to $3

RE:Hopefully gas prices have bottomed and are on the way to $3I wouldn't rule out $10 range just yet. Lots of supply still, Nat Gas price is still depressed and weather is pretty warm still. Best bet is to wait for Peytos next earnings date.



OGInvest0r wrote: PEY should be north of 12.50 any day now. Those who called for 10 bucks a share should be disappointed :)


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