Peyto exploration & dev

The Company conducts exploration, development and production activities in Canada. Financial Times Close.

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Peyto exploration & dev

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Athabasca Oil Corp. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making or refraining peyto exploration & dev making any specific investment or other decisions.

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Highlights for the quarter included:. Total liquid yields remained the same from a year ago. Net debt has now fallen for 8 consecutive quarters. A total of 23 gross 22 net working interest wells were drilled in the third quarter, 25 gross Third Quarter in Review Peyto was active with five drilling rigs in the third quarter, as well as pipeline and infrastructure projects designed to expand existing gathering systems to accommodate incremental production volumes. These projects continue into the fourth quarter. The Company also closed a property acquisition in the Brazeau area in the quarter which added 42 net sections of land, with over 40 internally identified drilling locations, and 12 producing wells. Revenue and realized hedging losses 2. Third quarter activity was spread out amongst the existing core areas of Greater Sundance Cecilia, Oldman, Nosehill and Wildhay as well as the Minehead and Chambers expansion areas. Target formations were also widespread, as summarized in the following table, along with development of a new Deep Basin play in the Dunvegan.

Peyto exploration & dev

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