SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian Oil & Gas Companies -- Ignore unavailable to you. Want to Upgrade?


To: Lorne Larson who wrote (8808)4/3/2002 7:33:47 PM
From: SofaSpud  Respond to of 24921
 
I took a very quick look at them (maybe a year ago), and it seemed to me that they were priced for perfection. Evidently they achieved perfection.

What do you know about their operating areas? The reason I ask is that this reminds slightly of Gibson at PRX -- I heard outlandish growth claims maybe three times over a year or 18 mo., and he outperformed every one of them; that's when I bought, and when it then turned out they didn't in fact know their geology. I have no idea if there's any meaningful parallel here; if PEY is finding long-lived reserves in well-understood formations, then the recent track record obviously says they're worth a serious look.



To: Lorne Larson who wrote (8808)4/3/2002 9:20:04 PM
From: teevee  Respond to of 24921
 
Lorne,

Anyone have any comments?

Yes, I think the stock is a one year double, and a triple on a take over. With only 70% of their land drilled after filling the current expansion, there is room over time to go to 15 and eventually 20,000 boe/d. Its a buy and if you own it, its a keeper. Also, look at the new presentation on the PEY web site. Very informative.



To: Lorne Larson who wrote (8808)4/4/2002 10:33:17 AM
From: Kerm Yerman  Read Replies (1) | Respond to of 24921
 
Interview - Peyto Exploration and Development

Today on InvestorCanada.com... More profits in the pipeline for Peyto Exploration.

TORONTO, April 4 /CNW/ - Natural gas production rose more than 200 per cent last year. Profits rose from $6 million to $17.5 million.

On today's edition of investorcanada.com host Donna Guzik speaks with Don Gray, President and CEO of Calgary based Peyto Exploration and Development about future growth in the natural gas business. Something must be working. The stock price was 15 cents 3 years ago. Now it's close to $6.