Peyto Exploration & Development confirms that the monthly dividend with respect to February 2013 of $0.06 per common share is to be paid on March 15, 2013, for shareholders of record on February 28, 2013. The ex-dividend date is February 26, 2013. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.
Peyto Exploration & Development is issuing a correction to the reconciliation table previously disclosed in its February 13, 2013 reserves news release. The highlighted figures (denoted with an asterisk) in the table below were incorrectly reported and are now shown as corrected. This table breaks out the value created by Peyto's capital investments and reconciles the changes in debt adjusted NPV of future net revenues [...]
Peyto Exploration & Development is pleased to present the results and analysis of the independent reserve report effective December 31, 2012. The evaluation encompassed 100% of Peyto's reserve assets and was conducted by InSite Petroleum Consultants. Peyto's capital program for 2012 was the largest in the Company's 14 year history with $452 million spent on developing Peyto's assets and $166 million spent acquiring Open [...]
Peyto Exploration & Development declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates indicated.
Peyto Exploration & Development confirms that the monthly dividend with respect to December 2012 of $0.06 per common share is to be paid on January 15, 2013, for shareholders of record on December 31, 2012. The ex-dividend date is December 27, 2012. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.
Peyto Exploration & Development is pleased to announce that it has closed its previously announced offering of 4,628,750 common shares on a bought deal basis (including 603,750 common shares issued pursuant to the exercise in full of the over-allotment option granted to the underwriters) at a price of $24.85 per common share, for total gross proceeds of approximately $115 million. The syndicate of underwriters was led by [...]
Peyto Exploration & Development has today entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy 4,025,000 common shares of the Company ("Common Shares") and sell to the public at a price of $24.85 per Common Share, representing an aggregate amount of approximately $100 million. The Company has granted the underwriters an option, exercisable [...]
Peyto Exploration & Development confirms that the monthly dividend with respect to November 2012 of $0.06 per common share is to be paid on December 14, 2012, for shareholders of record on November 30, 2012. The ex-dividend date is November 28, 2012. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.
Peyto Exploration & Development is pleased to present its operating and financial results for the third quarter of the 2012 fiscal year. With a third quarter 2012 operating margin of 75%(1) and profit margin of 23%(2), Peyto grew production per share for the twelfth consecutive quarter. Highlights of the 2012 third quarter include:
Peyto Exploration & Development declares the following dividends, payable to shareholders of its common shares at the close of business on the record dates indicated.
Peyto Exploration & Development confirms that the monthly dividend with respect to September 2012 of $0.06 per common share is to be paid on October 15, 2012, for shareholders of record on September 30, 2012. The ex-dividend date is September 26, 2012. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.
Peyto Exploration & Development announced today that it has issued CDN $50 million of senior secured notes pursuant to a note purchase and private shelf agreement with Prudential Investment Management, Inc. The notes were issued by way of private placement and rank equally with Peyto's obligations under its bank facility. The notes have a coupon rate of 4.88% and mature on September 6, 2022. Interest will be paid [...]