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 > insider buy from marketbeat.com

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Comment by stockmarket1on Jul 05, 2024 4:22pm

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Post# 36120463

RE:insider buy from marketbeat.com

Nice! Let's hope shares respond positively in conjunction to this. It got whipped today. .

I think I'll do some buying on Monday and more into the week ahead.

Possibleidiot01 wrote: Peyto Exploration & Development Corp. (TSE:PEY - Get Free Report) Director Jean-Paul Henri Lachance bought 10,000 shares of Peyto Exploration & Development stock in a transaction that occurred on Friday, July 5th. The shares were acquired at an average cost of C$14.60 per share, for a total transaction of C$146,000.00.