2024-02-25 22:41:43 ET
Summary
- Peyto management reveals important details about the acquisition that were not initially highlighted for shareholders.
- The acquisition is a bolt-on with high-quality acreage that Peyto management has long wanted.
- The acquisition will lower costs, increase profits, and provide insulation against weak natural gas prices.
- Peyto wells will likely perform far better than anything Repsol drilled.
- Additional drilling locations are free with this acquisition.
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For further details see:
Peyto: More Significant Deal Details After The Repsol Deal