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home / news releases / PEYUF - Management Of Yangarra Resources Was Very Busy Without Drilling

PEYUF - Management Of Yangarra Resources Was Very Busy Without Drilling

Peyto Exploration & Development Corp
  • This was one of the few companies that was profitable in 2020.
  • The cost of new wells has declined sharply.
  • Profitability of wells is more than 100% when WTI is $50 and other assumptions are met.
  • Payback is probably under a year with oil prices above WTI $60.
  • Cash flow can grow very fast under conditions like this.

For further details see:

Management Of Yangarra Resources Was Very Busy Without Drilling
Stock Information
Company Name: Peyto Exploration & Development Corp
Stock Symbol: PEYUF
Market: OTC
Website: peyto.com
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