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Peyto Exploration & Development Corp. (OTCPK:PEYUF) Q4 2024 Earnings Conference Call March 12, 2025 11:00 AM ET Company Participants Jean-Paul Lachance - President and Chief Executive Officer Todd Burdick - Vice President, Production Conference Call Participants Chris Thompson - CIBC World Markets Eric Busslinger - Unconventional Energy Research Operator Good day, everyone, and thank you for standing by. Welcome to Peyto's Fourth Quarter 2024 Financial Results Conference Call.

CALGARY, Alberta, March 11, 2025 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Tuesday, March 11, 2025, by Peyto Exploration & Development Corp., please note that in the table under Hedging, the following amounts in the line for "Natural Gas" should be "4.14" for 2025 and "4.02" for 2026, not "4.01" and "4.51", respectively. The corrected release follows:

CALGARY, Alberta, March 11, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. ("Peyto" or the "Company") is pleased to report operating and financial results for the fourth quarter and 2024 fiscal year, and senior management additions.

CALGARY, Alberta, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto" or the "Company") is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2024. The evaluation encompassed 100% of Peyto's reserves and was conducted by GLJ Ltd. ("GLJ"). The year 2024 marks the Company's 26th year of successful reserves development.

CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to February 2025 of $0.11 per common share is to be paid on March 14, 2025, for shareholders of record on February 28, 2025.

Peyto's strategic winter campaign will capitalize on strong natural gas prices. The Repsol acreage acquisition aims to reduce costs and enhance revenue. The increased leverage is offset by lower production costs and the increasing ability of North America to export natural gas.

CALGARY, Alberta, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to January 2025 of $0.11 per common share is to be paid on February 14, 2025, for shareholders of record on January 31, 2025.

Peyto Exploration & Development Corp. focuses on maximizing natural gas production for the high-demand heating season. The company's strategy involves bringing offline production back online and introducing new production in the fall to boost returns. Peyto's disciplined approach remains consistent even after a disappointing year.

Peyto reported a profit. Most natural gas producers are losing money right now (particularly dry gas producers). The robust hedging program has contributed to both revenue and profits over time.

CALGARY, Alberta, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to August 2024 of $0.11 per common share is to be paid on September 13, 2024, for shareholders of record on August 31, 2024.