
Peyto Exploration & Development Corp.
About
Peyto Exploration & Development Corp.
PEY
Peyto Exploration & Development Corp. is a Canadian independent oil and gas producer focused on the **exploration, development, and production of natural gas, oil, and natural gas liquids** in Alberta’s Deep Basin. Established in 1997 and headquartered in Calgary, the company emphasizes a disciplined operating model centered on low-cost, repeatable drilling, infrastructure ownership, and efficient resource recovery. Peyto’s portfolio is **natural gas–weighted**, supplying hydrocarbons that feed power generation, heating, and industrial demand across Western Canada. The company’s activities span field development, reserves management, and market optimization, positioning it within the energy sector’s upstream value chain. Historically known as Peyto Energy Trust before adopting its current corporate structure in 2011, it maintains a lean organizational footprint to support capital efficiency and returns-focused operations. In Canada’s oil and gas landscape, Peyto serves as a key Deep Basin operator, contributing reliable volumes of natural gas and liquids that underpin regional energy systems and downstream markets.






