Peyto Exploration and Development Corporation is formed by Don Gray and Rick “Buck” Braund
Peyto builds first gas plant at their Sundance Field initial capacity 10 million cubic feet a day
Peyto proven reserves grow to more than 100Bcf
Production exceeds 10,000 boe/d
Peyto converts to royalty trust mid-year and becomes Peyto Energy Trust
Production exceeds 20,000 boe/d Processing Plant capacity exceeds 100 million cubic feet a day
Darren Gee becomes President and CEO
Don Gray becomes Chairman of the Board of Directors
Peyto Proven + Probable gas reserves exceed 1Tcf
Distributions top $1B with the February 2010 payment to unit holders, Production exceeds 30,000 boe/d, Processing plant capacity exceeds 245 mmcf/d
Peyto hits record production per share of 250 BOE/d per million shares in April 2011