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 > Cascade 1 online yesterday ?

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Comment by houbahopon Jan 17, 2024 1:41pm

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Post# 35831723

RE:RE:RE:RE:RE:RE:RE:RE:RE:Cascade 1 online yesterday ?

Thanks for the clarification, Magic.

"...Peyto just provides the fuel - they do not generate the electricity. If we know the amount of that commitment in MMbtu/day (derived from the corporate presentation) and its conversion to MWh/day then we can get an estimate of the revenue generated..."

Many moving parts here with the spark spread being a major one when translating the value of MMbtu into the value of MWh.

By itself, MWh value fluctuates quite alot, like we have seen last weekend.

And let's remember the gas plant owners wants to have a return from their investment.

Cheers!

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