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 > Good Luck to All Longs

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Comment by stockmarket1on Jun 18, 2024 4:14pm

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Post# 36094732

RE:RE:Good Luck to All Longs

He'll probably come back and say.... " oh, I don't sign into stockhouse a lot " lol.

Westcoastenergy wrote: Posts like this make me laugh. Had you posted on the day you sold, it might have been more credible. Posting week(s) after, making yourself look brilliant and prescient, takes away all credibility. It may have been true, but I doubt it. Good luck. Gas companies are a tough hold right now, but lots of upside in the future, and the dividend keeps everyone happy in between.

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