Peyto reported 2015 year-end reserves illustrative of the achievement of remarkable cost efficiencies and decent reserve growth consistent across all categories. A rigorous self-assessment, characteristic of a typical Peyto report, validates the premise of successful profit-oriented business strategy. There is no change to its 2016e guidance and related growth targets though the Company seems to be gravitating towards the upper end of its prior target ranges. Updating our NAV methodology, we are ....
18 Feb 2016
Peyto Announces 2015 Reserve Book, Lowest Costs in Corporate History Complemented by Sizeable Decrease to FDC Balance
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Peyto Announces 2015 Reserve Book, Lowest Costs in Corporate History Complemented by Sizeable Decrease to FDC Balance
Peyto Exploration & Development Corp. (0VCO:LON) | 0 0 (-0.5%) | Mkt Cap: 1,705m
- Published:
18 Feb 2016 -
Author:
Robert Fitzmartyn -
Pages:
8
Peyto reported 2015 year-end reserves illustrative of the achievement of remarkable cost efficiencies and decent reserve growth consistent across all categories. A rigorous self-assessment, characteristic of a typical Peyto report, validates the premise of successful profit-oriented business strategy. There is no change to its 2016e guidance and related growth targets though the Company seems to be gravitating towards the upper end of its prior target ranges. Updating our NAV methodology, we are ....