CALGARY, Alberta, Jan. 13, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. PEY (“Peyto”) confirms that the monthly dividend relating to January 2023 of $0.11 per common share is payable on February 15, 2023 for shareholders of record on January 31, 2023. The ex-dividend date for the January dividend is January 30, 2023.

Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes.

Shareholders and interested investors are encouraged to visit Peyto’s website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The site also includes a monthly report that discusses various topics chosen by the CEO and provides estimates of monthly capital expenditures and production. For more information please contact:

Jean Paul Lachance
President and Chief Executive Officer
Phone: (403) 261-6081
Fax: (403) 451-4100

Certain information contained in this document, including management’s views on Peyto’s future plans and operations, contains forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the control of these parties, including the effects of general economic conditions, industry conditions, volatility in commodity prices, currency fluctuations, inaccuracy of reserve estimates, environmental risks, competition from other industry participants, lack of availability of qualified personnel or Management, stock market volatility and the ability to access sufficient capital from internal and external sources. Readers are cautioned that the assumptions used in the preparation of this information, while believed to be reasonable at the time of preparation, may prove to be inaccurate and undue reliance should not be placed on any forward-looking statements. Peyto’s actual results, performance or achievements may differ materially from…