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Bullboard - Stock Discussion Forum
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).
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TSX:PEY - Post Discussion
Peyto Exploration & Development Corp
> Peyto Monthly Report, May 2024
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Ganga22
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Post by
Ganga22
on May 03, 2024 7:23pm
Peyto Monthly Report, May 2024
New Report Template (peyto.com)
(39)
•••
ElJ
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Comment by
ElJ
on May 03, 2024 10:47pm
(From May 2024 Monthly report) extracted example of Operating Excellence: "We regularly look at market prices to determine whether there are more profits to be made running the Cheap Cut (ethane extraction) or if it’s better to shut it down and keep more of the liquids in the gas phase.".... operational option if owning the processing facility) ethane
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houbahop
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Comment by
houbahop
on May 04, 2024 2:52am
One excellent example of how to make good use of a single page space to communicate with your shareholders on a monthly basis. Bravo JP, and thank you for this informative and enlightening report.
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