Peyto Exploration & Development Corp. engages in the exploration, development, and production of oil and natural gas. The company is headquartered in Calgary, Alberta. The Alberta Deep Basin is a geologic setting situated on the northeastern front of the Rocky Mountain belt in the deepest part of the Alberta sedimentary basin. The firm also owns Repsol Canada Energy Partnership (Repsol Assets). Repsol Assets includes approximately 23,000 barrels of oil equivalent per day (boe/d) of low-decline production, 455,000 net acres of mineral land and interests in five operated gas plants in the Alberta Deep Basin directly adjacent to the Company’s Greater Sundance area.