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

Bullboard Posts

Post by stoner1on Aug 27, 2002 8:16pm

198 Views

Post# 5390643

takeover

Could someone tell me (a novice investor) how the takeover thing works. Do I have to do anything? Do I just get a check in the mail? What is a trust company? What would happen to my shares if pey became a trust as I have seen written on the board? Can I still sell them? Thanks for answering my stupid questions. I am sure there are a few others out there who thank me for asking them and thank you for answering too. PS When I bring up the TO scenario to people "in the know" I get mixed advice. Some say sell before and some say sell after. stone.

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