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Peyto Adding 130 Wells in 2015

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Peyto Adding 130 Wells in 2015

Peyto Exploration & Development Corp. has presented the results and analysis of the independent reserve report effective December 31, 2014.

The evaluation encompassed 100% of Peyto's reserve assets and was conducted by InSite Petroleum Consultants.

This year marks the company's 16th year of profitable reserves development and the largest organic capital program in Peyto's history. Reserves per share grew in all categories with total reserves of 3.2 Trillion Cubic Feet equivalent or 531.4 Million Barrels of Oil equivalent at year end.

Historical Over the past 16 years, Peyto has explored for and discovered over 4.0 TCFe of Alberta Deep Basin natural gas and associated liquids, over 58% of which has now been developed. Each year the Company invests in the discovery of new reserves and the…
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