Peyto Exploration & Development Corp. Announces January 2018, February 2018, March 2018 Dividend, Payable on February 15, 2018, March 15, 2018, April 13, 2018 Respectively; Announces Management Changes
January 11, 2018 at 07:33 pm
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Peyto Exploration & Development Corp. announced that starting with the January 2018 dividend, for shareholders of record on January 31, 2018 to be paid on February 15, 2018, the monthly dividend will be reduced from the current $0.11 per share to $0.06 per share. The ex-dividend date is January 30, 2018.
The company announced the dividend of $0.06 for the month February 2018, to the share holders record on February 28, 2018, payable on March 15, 2018. The ex-dividend date dividend date is February 27, 2018.
The company announced the dividend of $0.06 for the month March 2018, to the share holders record on March 31, 2018, payable on April 13, 2018. The ex-dividend date dividend date is March 29, 2018.
The company also announced that Scott Robinson, it's current Chief Operating Officer has decided to transition towards retirement. Scott will continue with the company in a part time role as Executive Vice President, New Ventures and the company looks forward to his continuing involvement in this new role. The company also announced the appointment of Jean-Paul (JP) Lachance, its current VP Exploitation, to the position of Executive Vice President of Engineering and COO. Jean-Paul has been with the company for 7 years and has played a key role in the profitable exploitation and development of the company's Deep Basin assets since joining the company in 2011.
Peyto Exploration & Development Corp. is a Canada-based oil and natural gas company. The Company conducts exploration, development and production activities in Canada. It is a Canadian energy company involved in the development and production of natural gas, oil and natural gas liquids in Albertaâs deep basin. The Companyâs total Proved plus Probable reserves are 5.6 trillion cubic feet equivalent (929 million barrels of oil equivalent) as evaluated by its independent petroleum engineers. Its productionâs weight is approximately 89 per cent to natural gas and 11 per cent to natural gas liquids.
Peyto Exploration & Development Corp. Announces January 2018, February 2018, March 2018 Dividend, Payable on February 15, 2018, March 15, 2018, April 13, 2018 Respectively; Announces Management Changes
PEYTO EXPLORATION & DEVELOPMENT CORP. 
