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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

Comment by stockmarket1on Jan 05, 2024 7:01pm
162 Views
Post# 35813348

RE:Nat gas

RE:Nat gasI know. I currently have a decent amount of shares but, I'm chocked I didn't buy more while it was below $12. I did some buying below $12 but that much because I thought we'd see this go below $11....and that's when I had my real powder ready. Either way, it's finally looking good after dropping hard from it's 52 week high this past November. 



WindsorGuy wrote: Up now 14.5% in the past month. Polar vortex on its way with coldess temperatures not seen in two years. Buy on any dip. Should have bought more. GLTA


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