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Peyto Exploration & Development Corp T.PEY

Alternate Symbol(s):  PEYUF

Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It 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 Company’s total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its production’s weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.


TSX:PEY - Post by User

Comment by Oldnaggeron Feb 06, 2023 10:59pm
187 Views
Post# 35270914

RE:RE:NG NEWS

RE:RE:NG NEWSI have to say it. My son left Vestas just after Trump came in and choked off the subsidies . He did not regret it at all as he could not see a future there anyway. he worked in the warranty dept and saw significant issues , On the one hand reduce quality to compete with the Chinese but on the other hand face significantly higher warranty costs in the future. 
Well at least we now know which route Vestas chose to go !!
BTW my son is now helping Mitsubishi to make the world's most efficient gas turbines., which as I had stated previously on this board means a tremendous advantage over coal both on a stoichiometric basis and an efficiency basis.
Nat gas is the future !! too bad the message is not getting out fast enough !!
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