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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

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

Post by topdopon Sep 11, 2002 4:33pm
184 Views
Post# 5426242

tse = pey mention...

tse = pey mention...further 'speculation' in canadian broadsheet: globe & mail page b10 date: 11th sept 02 article talks of up to 20 'high tech' names likely being dropped at next tse300 index re-jig (happens quarterly...) for friday 20th sept. 2002. article mentions only one name when it came to additions to replace those likely booted out. guess who? yup. you got it... peace topdop
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