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 > PEY hedging blues, extended version

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Comment by malx1on Dec 30, 2023 3:48pm

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Post# 35805285

RE:RE:RE:PEY hedging blues, extended version

Been called much worse in nicer settings!

Just find it amusing when all the PEY experts here swing from bullish to bearish to bullish to bearish each month as the wind blows a new direction. It's like watching a herd of cats playing with one paper ball.

nukester wrote: "Hedging blues, extended version" Sounds like a late night info-mercial

From Malx's Greatest Hits album,
Original, uncut, extended sarcasm!
But wait ... there is more :-)

Note to self, never piss off Malx, he is like a dog with a bone :-)

Cheers,
Nukester