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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 auagntungstenon May 10, 2024 8:34pm
200 Views
Post# 36034790

RE:RE:RE:RE:Cascade 2 Showing Signs of Life :-)

RE:RE:RE:RE:Cascade 2 Showing Signs of Life :-)Peyto presently shows that Both Turbines are online producing 400 mw of power. they have been be paralled before,  it looks sucessful.  Alberta has a new reliable NaturalGas power plant avalible , congratulations.
Go Peyto Go. 
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