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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

Post by nukesteron Jan 06, 2024 2:26pm
294 Views
Post# 35813915

7 Km long (Backup) tie-line feeding Cascade Power plant?

7 Km long (Backup) tie-line feeding Cascade Power plant?Anybody ever study this 2nd feed source for the Cascade power plant?
Has Kineticor actually built it?

I understand Peyto owns the primary feed, which portends reduced  transportation expenses for Peyto.  I have not really studied the 2nd feed line and was curious where it ties in?  Any thoughts out there?

https://www.power-technology.com/projects/cascade-combined-cycle-gas-turbine-ccgt-power-plant-alberta/?cf-view


"The power plant requires up to 150,000GJ of natural gas a day as fuel.

A new high-pressure gas supply line connecting local gas producers to the Cascade power plant will be used to supply natural gas to the project. Gas will also be supplied via a 7km-long tie-line that will act as a backup. To be constructed and owned by the project developer, the line measures 12in-16in in diameter."

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