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

<< Previous

Bullboard Posts

Next >>

Post by GregC24on Nov 13, 2024 11:44am

169 Views

Post# 36310432

Conf Call Q&A

Cascade gas price: contract is confidential. Won't disclosed relized price for this.
Debt: Plan on reducting debt in Q4
Business plan tested $1-$1.50 AECO average for 12 months. Would hit lower end of guidance and still pay down debt in that scenario. Difficult to see scenario where they would pull back significantly.

<< Previous

Bullboard Posts

Next >>

Investors eye Australian gold mining projects amid promising developments