Peyto Exploration & Development Corp T.PEY

New players and momentum

[sportstermathew]

At these prices with all the new drilling Peyto is strong when others are not.

New players coming in?  This happens occasionally. 

As in the past is Peyto still drilling through the shoulder season having all equipment and materials in place on a couple of pads?

Would be nice to see.

Returns are going to be through the roof on new wells drilled.

One of the questions I have been muddling on are:  Are they drilling all the good sites first?  is there such a good thing with Peyto?  or is most of their property all extremely profitable?

As we know in the US Shale areas a lot fo the better areas have already been drilled leaving the poorer drilling locations for the future if ever.

Maybe the next report will shed more light on these questions and recent drilling activity of the last two months Feb and March.

[TerribleEng]

Sportster, If you look at slide 45 on their most recent presentation that should give you some color on the disparity between wells. Cardium wells are either dynamite or mediocre. I think Peyto drilled through the prime Cardium acreage during their blitz to increase liquids and just stay alive.  They did recently acquire new Cardium acreage so hopefully we get to see some data there. The