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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).


TSX:PEY - Post by User

Peyto Exploration & Development Corp
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Post by PlutusofCreteon Jun 11, 2024 5:28pm
205 Views
Post# 36083575

So PEY or BIR?

So PEY or BIR?People on this board - I was YOLO'ed into BIR for the last few years and totally missed the peak in terms of selling. 

I still made considerable gains but not as much as I should have. You live and you learn. 

Question is, with the potential upside on nat gas pricing would you put funds into PEY or BIR? 

Looking for some help. I will post the same message on the BIR board to get answers from both sides.  
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