Peyto Exploration & Development Corp. (“Peyto”) has initiated a process to divest certain Non-Core assets in Alberta. Confidential information will be made available to parties who execute a confidentiality agreement.
SOUTHERN
- New well activity from Artis, Persist, North 40, Prairie Provident, Parallax and Whitecap primarly in the Wabamun, Duvernay, Ellerslie, and Cardium formations.
WILLESDEN GREEN
- New well activity from Paramount, Tourmaline, Inplay, Baccalieu, Yangarra, Entrada, Highwood, Bonterra, Mancal and Obsidian primarily in the Duvernay, Glauconite, Mannville, Cardium and Belly River.
- Area production potential of ~70 boe/d with restart of three 100% WI wells in 042/043-07W5
CENTRAL
- New well activity from Aspen Leaf, Vital, Spur, and Baytex primarily in the Leduc, Nisku, Clearwater, Grand Rapids, Sparky, and Cardium Formations.
NORTHERN
- New well activity from Rubellite, Cardinal, Aspen Leaf primarily in the Clearwater, Mannville and Beaverhill Lake formations.
COLD LAKE
- New activity from Rubellite, Caltex, CNRL, Strathcona primarily in the Cummings, Lloydminster, Clearwater, Grand Rapids, Sparky and the Waseca formations.
NORTHWEST
- New well activity from Baytex, Obsidian, Kelt, Archer, Tourmaline and Advantage primarily in the Montney, Charlie Lake, Spirit River and Dunvegan formations.
RECENT LANDSALE ACTIVITY
- Abundance of Crown Landsale activity offsetting since January 1, 2023.
Peyto has a strong preference to white map out of the areas for cash considerations, however, will evaluate all offers received.
Peyto makes no representations or warranty as to the accuracy or completeness of the information provided. Each party should rely on its own investigation and due diligence to satisfy itself as to all matters relating to the assets. Peyto reserves the right to accept or reject any or all offers at its sole discretion for any reason whatsoever.
All inquiries relating to the process, and requests for additional information, should be directed to Derick Czember at 587-390-6119 (dczember@peyto.com) or Travis Wetthuhn at 587-390-8310 (twetthuhn@peyto.com).